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ARA H-Trust's maiden DPS beats forecast
Add BT as a preferred sourcePublished Tue, Jul 30, 2019 · 09:50 PM
Singapore
LOWER property expenses and borrowing costs outweighed softer gross revenue at ARA US Hospitality Trust (ARA H-Trust).
The hospitality trust's maiden reporting showed that between May 9 and June 30, its distribution per stapled security (DPS) was 1.36 US cents, higher than the forecast 1.31 US cents.
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