Ascendas REIT (A-REIT) reported a dip in portfolio occupancy for the 1QFY2021 ended March to 90.6% from 91.7% as of the 4QFY2020.
Rental reversion remained positive and was slightly higher at 3% for the 1FY2021, compared to 2.5% previously.
The REIT did not release its figures for gross revenue, net property income or distributable income for the 1QFY2021.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
