Brief: Ascendas Real Estate Investment Trust Says Distribution For HY Up 6.3% To S$330.7 Mln

CapitaLand Ascendas REIT

02/08/2022 10:29

Aug 2 (Reuters) - Ascendas Real Estate Investment Trust
 AEMN.SI :
    * DISTRIBUTION FOR 1H 2022 GREW 6.3% Y-O-Y TO S$330.7
MILLION
    * HY DPU 7.873 SG CENTS
    * HY  GROSS REVENUE S$ 666.5 MILLION VERSUS S$586 MILLION
    * H1 NET PROPERTY INCOME S$476.9 MLN VS S$445.6 MLN
    * TOTAL VALUE OF PROPERTIES IN AUSTRALIA IS EXPECTED TO GROW
TO
S$2.5 BLN AFTER INCLUSION OF MQX4
    * ASCENDAS REIT'S NEW SUBURBAN OFFICE IN SYDNEY, IS EXPECTED
TO
COMPLETE IN 1Q 2023

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