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New acquisitions, better rentals boost A-Reit Q1 results
Published Wed, Jul 23, 2014 · 10:00 PM
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ASCENDAS Reit (A-Reit) yesterday posted a 2.5 per cent increase in distribution per unit (DPU) to 3.64 Singapore cents for its first quarter ended June 30.
The industrial Reit makes distributions semi-annually, so it will pay out its half-year distribution after its second quarter ends on Sept 30.
New acquisitions made since July last year, positive renta…
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