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Ascendas REIT reports dip in portfolio occupancy to 90.6% in 1Q21 business update

Atiqah Mokhtar
Atiqah Mokhtar4/23/2021 06:12 PM GMT+08  • 2 min read
Ascendas REIT reports dip in portfolio occupancy to 90.6% in 1Q21 business update
The REIT did not release DPU or revenue figures for 1QFY2021.
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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.

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