Raffles Place sale lifts Ascott Reit's DPU by 5%

Singapore

ASCOTT Residence Trust's (Ascott Reit's) third-quarter distribution per unit (DPU) rose 5 per cent to 1.91 Singapore cents from 1.82 cents a year earlier.

Excluding the divestment of Ascott Raffles Place Singapore, DPU for the quarter ended Sept 30 would have been 1.73 cents compared with 1.72 cents previously.