$CapLand Ascendas REIT (A17U.SG)$ Zaobao: As of the end of l...

Total revenue for the second half of last year rose 21.3% year on year to 640.5 million yuan, and net real estate revenue rose 22.4% year on year to 475.16 million yuan, mainly driven by real estate acquisitions last year. In the second half of the year, distributable revenue increased 15.9% year-on-year to 318.98 million yuan.

Throughout last year, Ascend Swiss's total revenue increased 16.9% to 1.22 billion yuan, mainly driven by the contribution of newly acquired real estate and development projects completed in the past two years.

As a result, net real estate revenue for the year increased by 18.6% to 90,075 million yuan, while distributable revenue increased 17% to 629.98 million yuan. The annual dividend was 15.258 points per unit, which was 3.9% higher than the previous year's 14.688 points.