Ascott Residence Trust (Ascott REIT)

SINGAPORE (Nov 1): The manager of Ascott Residence Trust (Ascott REIT) has reported 3Q18 distribution per unit (DPU) of 1.82 cents, rising 8% from 1.69 cents in 3Q17 on higher revenue.  

SINGAPORE (Sept 21): Ascott Residence Trust has acquired a prime greenfield site for $62.4 million for its maiden development project. It will build the first co-living property in Singapore’s research and innovation business hub, one-north, Nepal Hill.

SINGAPORE (Sept 20): Ascott Residence Trust (Ascott REIT) has acquired a prime greenfield site at one-north for $62.4 million to build its first co-living property.

SINGAPORE (July 25): Ascott Residence Trust reported 2Q18 DPU of 1.84 cents. Adjusting for the realised forex gain of $11.9 million, 2Q18 DPU would have registered 13% y-o-y improvement, mainly due to four acquisitions in 2017: Ascott Orchard Singapore, t

SINGAPORE (July 24): The manager of Ascott Residence Trust (Ascott REIT) reported a distribution per unit (DPU) of 1.84 cents in 2Q18 ended June, the same as that of 2Q17.

SINGAPORE (Apr 19): Analysts were slightly disappointed with Ascott Residence Trust’s 1Q results which came in weaker than expected.

SINGAPORE (Apr 18): The manager of Ascott Residence Trust (Ascott REIT) reported a 16% rise in 1Q18 unitholders’ distribution to $29.2 million from 1Q17.

SINGAPORE (Oct 24): The manager of Ascott Residence Trust (Ascott REIT) has declared a distribution per unit (DPU) of 1.69 cents for the 3Q ended September, down 28% from 2.35 cents a year ago.

SINGAPORE (July 20): The manager of Ascott Residence Trust (Ascott REIT) has declared a distribution per unit (DPU) of 3.356 cents for 1H17 ended June, a 13% decrease from 3.88 cents last year.

SINGAPORE (April 24): OCBC is viewing the divestment of 18 rental housing properties in Japan by Ascott Residence Trust positively given that it is a strategic recycling of assets.