Total amount available for distribution rose 25.5% to $111.9 million while Net Property Income rose 54.7% to $131.5 million.
SINGAPORE (April 25): The manager of Ascendas REIT reported DPU for the 4Q ended March rose 13% to 3.852 cents from a year ago, supported by higher net property income from new acquisitions and active cost management.
Ascendas REIT is Singapore’s first and largest listed business space and industrial real estate investment trust.
