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Ascendas Reit Q1 DPU edges up to 4.005 cents

Published Mon, Jul 29, 2019 · 09:50 PM

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Singapore

DISTRIBUTION per unit (DPU) for Ascendas Reit in its first quarter rose marginally to 4.005 Singapore cents from 4.002 Singapore cents year-on-year on an enlarged unit base.

This came as Q1 total amount available for distribution grew 6.3 per cent to S$124.7 million on higher gross revenue and lower property operating expenses.

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