SUBSCRIBERS

Ascendas Reit's Q2 DPU up 2.3% on overseas acquisitions

Performance helped by overseas acquisitions; Reit also announces acquiring of 30 business park properties in US, Singapore

Nisha Ramchandani

Published Fri, Nov 1, 2019 · 09:50 PM

ascendas reit

Singapore

ASCENDAS Real Estate Investment Trust (Reit), which recorded a 2.3 per cent increase in distribution per unit (DPU) for the second quarter thanks to overseas acquisitions, said it will continue to diversify its portfolio for future growth.

DPU for the three months ended Sept 30, 2019 clocked 3.978 Singapore cents, versus 3.887 cents a year ago.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
US: Wall St opens lower as Meta Platforms, economic data weigh
Sheng Siong Q1 net profit up 9.3% on higher revenue

Purchase this article

Companies & Markets

Companies & Markets

Ascendas Reit's Q2 DPU up 2.3% on overseas acquisitions

Nisha Ramchandani

Companies & Markets

Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336

Nasdaq’s profit falls as shaky economy keeps IPO revival elusive

iFast Q1 net profit surges on ePension unit performance

Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution

US: Wall St opens lower as Meta Platforms, economic data weigh

Sheng Siong Q1 net profit up 9.3% on higher revenue

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT