The trust reduced debt to $574.6m as FY2027 distributions remain subject to conditions. Landmark REIT’s net property income (NPI) rose 4.9% year on year (YoY) to $61.1m in the first half (H1) of 2026, whilst reducing its gearing ratio to 39.63%. Gross revenue increased 2.8% YoY to $103.0m, whilst rental revenue rose 3.5% to $56.5m during the period. The Singapore-dollar results were affected by a 7.8% depreciation of the rupiah against the Singapore dollar. James Liew, CEO of Landmark REIT Management, said the Trust’s performance reflected efforts to strengthen its portfolio.