The manager of Ascendas REIT (A-REIT) has reported portfolio occupancy of 91.7% for the 3QFY2021 ended September, 0.4 percentage points higher than the 91.3% reported in the 2QFY2021 ended June.
On a y-o-y basis, the REIT’s portfolio occupancy dipped slightly from the 91.9% reported in the 3QFY2020.
The REIT’s portfolio occupancy was mainly boosted by improvements in its Singapore and Australia portfolios, and offset by a decline in its US portfolio.
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