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Ascott Reit DPU up 5% in Q4; hospitality Reit eyeing opportunities in Australia, Europe, US

Published Tue, Jan 29, 2019 · 09:50 PM

Singapore

ASCOTT Residence Trust (Ascott Reit) unitholders can look forward to a distribution per unit (DPU) of 2.15 Singapore cents on Feb 28.

The DPU for the fourth quarter ended Dec 31, 2018 represents a 5 per cent increase from the 2.04 Singapore cents distributed in the year-ago period.

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