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Ascott's Q3 DPU drops 11% on one-off items, rights issue

Revenue up 9% to S$93.7m on the back of additional income from new properties


ASCOTT Reit on Thursday reported a distribution per unit (DPU) of 2.11 Singapore cents for the third quarter ended Sept 30, 2014 - an 11 per cent drop from the 2.37 Singapore cents paid a year ago, which included one-off items of about S$1.5 million.

If the one-off items