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Ascott Reit's Q3 DPU dips 2% on one-off item's interest cost

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Ascott Residence Trust (Ascott Reit) on Thursday reported a 2 per cent year-on-year dip in distribution per unit (DPU) to 2.07 Singapore cents for the third quarter ended Sept 30.

Singapore

ASCOTT Residence Trust (Ascott Reit) on Thursday reported a 2 per cent year-on-year dip in distribution per unit (DPU) to 2.07 Singapore cents for the third quarter ended Sept 30.

This came on the back of a one per cent drop in unitholders' distribution to S$32 million,