The lower 3Q DPU was due to an increase in the number of units in issue and the absence of a one-off property tax refund received last year.
SINGAPORE (Jan 26): The manager of Ascendas Real Estate Investment Trust (AREIT) on Thursday announced that its 3Q17/18 DPU dropped 0.6% to 3.970 cents from 3.993 cents in 3Q16/17.
However, the total amount available for distribution was up by 1.0% to $116.3 million.
