In Singapore, portfolio occupancy held steady at 90%, while in Australia portfolio occupancy dipped to 96.8% due to two non-renewals upon lease expiry.
Ascendas REIT displayed strong results for 1QFY2022 ended March across its different verticals of investment management, capital management and asset management.
Ascendas REIT had a portfolio occupancy of 92.6% with a gross floor area of 5,062,003 sqm for 1QFY2022.
