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Acquisitions offset weak organic growth in Ascott REIT but is the selling overdone?

PC Lee
PC Lee • 3 min read
Acquisitions offset weak organic growth in Ascott REIT but is the selling overdone?
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
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