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Ascott Reit Q3 DPU increases 7.7%

Singapore

HIGHER revenue from two acquisitions gave a fillip to serviced residence landlord Ascott Residence Trust (Ascott Reit) for its third quarter.

Distribution per unit rose 7.7 per cent to 1.82 Singapore cents from 1.69 Singapore cents for the year-ago period, the group said

sentifi.com

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