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Accordia Golf Trust's Q3 DPU up 19%

It projects strong golf demand on the back of a growing senior population and golf's return to the Olympics

Published Wed, Feb 10, 2016 · 09:50 PM

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Singapore

THE trust manager of Accordia Golf Trust on Wednesday reported a 12 per cent increase in income available for distribution to 2.02 billion yen (S$24.6 million) for its third quarter ended Dec 31, 2015.

As a result, distribution per unit (DPU) in Singapore currency terms rose 19.3 per cent to 2.16 Singapore cents, up from 1.81 Singapore cents a year ago.

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