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Ascott Reit Q1 DPU down 0.24 cent to 1.51 cents
ACQUISITION of a New York hotel last year has helped lift Ascott Residence Trust's (Ascott Reit) topline for the first three months of financial year 2017, but weighed on its distribution per unit (DPU) and gross profit.
The absence of a one-off gain that was present in
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