During the quarter to Sept, revenue improved by 2% to $37.1 million with the new income from aVance 3, CyberVale 3 and Victor which were acquired or completed at end-July 2015, March 2016 and June 2016 respectively. There were also positive rental reversions that accounted for $0.4 million of the increased revenue.
SINGAPORE (Oct 25): Ascendas India Trust has declared a 1.37 cents distribution per unit for 2QFY17, unchanged from a year ago.
Together with first quarter DPU of 1.36 cents, a total of 2.73 cents will be distributed for the half-year. This was slightly below 2.74 cents a year ago.
