CapitaLand Ascott Trust Expects US Student Accommodation Revenue to Rise About 7% in AY 2026-2027
Bitget2026/10/26 22:42- 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.
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