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Ascott Reit posts 1.1% rise in Q1 distributable income; DPU dips

Singapore

ASCOTT Residence Trust (Ascott Reit) on Friday posted, for the first quarter of 2016, 1.1 per cent year-on-year rise in distributable income to S$27.3 million and a distribution per unit (DPU) of 1.75 Singapore cents, down from 1.76 Singapore cents a year ago.

In March,

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