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A-HTrust posts 3.9% rise in Q3 DPU to 1.61 cents

Better performance of Aussie portfolio lifts distributable income by 33.2%

ASCENDAS Hospitality Trust (A-HTrust) reported a 33.2 per cent jump in distributable income, from $12.5 million to $16.6 million, mainly due to improved performance of the Australia portfolio, full quarter contribution from Ibis Beijing Sanyuan, and new income from Park Hotel Clarke Quay, which...