CapitaLand Ascendas REIT’s (CLAR) net property income (NPI) rose 6.2% year-on-year to $556.1m in the first half (H1) of 2026. The REIT attributed the improvement in NPI and gross revenue to acquisitions and stronger performance from its Australian properties. Its manager, CapitaLand Ascendas REIT Management Limited, completed more than $1.1b of acquisitions during H1 at initial NPI yields ranging from 4.3% to 7.4%. It has also announced a further $600m of acquisitions scheduled for completion in H2. Portfolio occupancy stood at 89.1%.