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Ascott Reit's DPU up 8% on robust performance, lower finance costs and one-off gain

Wed, Jul 31, 2019 - 5:50 AM

Natalie Choychoycmn@sph.com.sg@NatalieChoyBT

Rachel Muirachmui@sph.com.sg@RachelMuiBT

Singapore

ASCOTT Residence Trust (Ascott Reit) posted an 8 per cent rise in its second-quarter distribution per unit (DPU) on the back of a robust portfolio performance, lower finance costs and a one-off realised exchange gain.

DPU for the three months ended June 30 was 1.98...

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