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Ascendas Hospitality Trust DPU for Q4 dips to 1.21¢

Net property income rises on improved performance of hotels in Australia

ASCENDAS Hospitality Trust (A-HTrust) posted distribution per unit (DPU) of 1.21 cents for the fiscal fourth quarter ended March 31, 2014.

The distribution, payable on June 6, was lower than the 1.68 cents posted a year ago, as income available for distribution declined 7.5 per cent to $...

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