Ascendas REIT’s 2Q DPU falls 3.1% 4.03 cents on one-off distribution a year earlier

SINGAPORE (Oct 20): The manager of Ascendas REIT has reported a 3.1% decrease in 2Q17 DPU to 4.03 cents, reported its manager. This was due to a one-off distribution of $6.5 million or 0.271 cents per unit made in 2Q16.

Excluding the one-off distribution, the estimated recurrent DPU would have increased by 3.6%.

(See also: http://Ascendas Hospitality Trust posts 0.8% rise in 1Q DPU to 1.29 cents)

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