The manager of Ascendas Real Estate Investment Trust (A-REIT) declared distribution per unit (DPU) of 7.418 cents for the 2HFY2020 ended December, 0.9% lower than DPU of 7.485 cents in the year before.

Unitholders will receive DPU of 1.678 cents for the period from Nov 19, 2020 to Dec 31, 2020, as the REIT has paid an advanced DPU of 5.740 cents from July 1, 2020, to Nov 18, 2020, on Dec 11, 2020.

This brings DPU for the FY2020 to 14.688 cents, 6.1% lower than DPU of 15.638 cents reported in the FY2019, due to the increase in unit base due to the rights issue, private placement and preferential offering held by the REIT in December 2019, November 2020 and December 2020 respectively.

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