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Higher rents, new properties lift Ascendas India in Q4

Published Wed, Apr 27, 2016 · 09:50 PM

ascendas india trust

Singapore

RENT increases, higher average portfolio occupancy and new acquisitions boosted Ascendas India Trust's fourth-quarter performance.

The business trust, which owns six IT business parks in India, on Wednesday reported an 8 per cent increase in its distribution per unit (DPU) to 1.4 Singapore cents for the period ended March 31, 2016 - to be paid on May 27.

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Companies & Markets

Companies & Markets

Higher rents, new properties lift Ascendas India in Q4

Companies & Markets

Porsche posts Q1 profit drop on ramp-up costs

IBM plots US$730 million expansion of Canadian semiconductor site

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

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