Ascendas India Trust Q4 DPU up 8% to S$0.0165

Singapore

POSITIVE rental reversions and additional income from assets lifted results for IT park owner Ascendas India Trust (a-iTrust) in its fourth quarter.

Distribution per unit (DPU) for the quarter edged up 8 per cent from 1.54 Singapore cents in the previous year to 1.65 Singapore cents.

That came as Q4 income available for distribution increased 13.8 per cent from S$15.9 million in the year ago period to S$18.1 …