Acquisitions offset weak organic growth in Ascott REIT but is the selling overdone?
PC Lee • • 3 min read
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
Follow us on Facebook and join our Telegram channel for the latest updates.
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.