-+ 0.00%
-+ 0.00%
-+ 0.00%

CapitaLand Ascott Trust Expects US Student Accommodation Revenue to Rise About 7% in AY 2026-2027

PUBT·10/26/2026 22:42:42
Listen to the news
CapitaLand Ascott Trust Expects US Student Accommodation Revenue to Rise About 7% in AY 2026-2027
  • CapitaLand Ascott Trust expects borrowing costs to remain stable through 2026, then rise slightly in 2027, mainly on higher JPY loan rates.
  • Effective borrowing costs stood at 2.9% at September 30; about 80% of debt carried fixed rates.
  • Retained non-periodic or past divestment gains will support distributions during The Cavendish London's renovation, expected to finish in 2027.
  • US student accommodation revenue is projected to rise about 7% for academic year 2026-2027, with occupancy increasing to about 98% from 88%.
  • Somerset Clarke Quay Singapore is expected to contribute income in 2027, mitigating lost income from the divested Robertson House.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capitaland Ascott Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: FH5D4UFZ9JZZFCXB) on October 26, 2026, and is solely responsible for the information contained therein.