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CapitaLand Ascott Trust Reports 6% Profit Growth and Announces Asset Enhancements

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CapitaLand Ascott Trust Reports 6% Profit Growth and Announces Asset Enhancements

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CapitaLand Investment Limited ( (SG:9CI) ) has issued an announcement.

CapitaLand Ascott Trust reported a 6% increase in gross profit for the first half of 2025, reaching S$182.5 million, driven by stronger operating performance and strategic asset enhancement initiatives. The company also announced plans to enhance three additional properties to boost profitability and asset value, maintaining stable core distributions and demonstrating resilience despite global uncertainties. This growth is supported by a diversified portfolio and a strategy of reconstituting and enhancing assets to deliver sustainable returns to stakeholders.

The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

More about CapitaLand Investment Limited

CapitaLand Ascott Trust (CLAS) operates in the real estate industry, focusing on lodging and accommodation services. It manages a diversified portfolio across various geographies and asset classes, including rental housing and student accommodation properties.

Average Trading Volume: 8,463,786

Technical Sentiment Signal: Buy

Current Market Cap: S$14.54B

For a thorough assessment of 9CI stock, go to TipRanks’ Stock Analysis page.

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