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Hit by performance fees, A-Reit's Q4 DPU falls 8.1% to 3.41 cents

Singapore

ASCENDAS Real Estate Investment Trust (A-Reit) has posted an 8.1 per cent year-on-year drop in fourth quarter distribution per unit (DPU) to 3.41 Singapore cents, from 3.71 cents in the same period a year ago.

This was mainly due to performance fees of S$9 million, A-Reit