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A-Reit's Q2 healthy despite industrial weakness

DPU drops due to absence of one-off item, but distributable income, revenue and net property income grow


ASCENDAS Reit (A-Reit) managed to turn in a healthy set of financial numbers as management adopts different ways to mitigate the industrial market weakness, which CEO of the manager Chia Nam Toon says is worse than a year ago.

A-Reit posted a 3.1 per cent drop in...