Ascendas REIT’s Total Amount Available For Distribution For 2Q FY2019 Grew 7.6% Y-o-Y

Total amount available for distribution rose 7.6% year-on-year (y-o-y) to S$123.8 million mainly attributable to contributions from new acquisitions in the United Kingdom (UK) during FY18/19. 2Q FY2019 Distribution per Unit (DPU) rose 2.3% y-o-y to 3.978 cents. Meanwhile, Portfolio occupancy rate stood at 91.0% (as at 30 September 2019) and positive rental reversion of 4.0% was achieved for leases that were renewed in 2Q FY2019.

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