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REFILE-BRIEF-Ascott Residence Trust says revenue for 1Q 2017 grew 5 pct to S$111.3 mln
April 20, 2017 / 11:02 PM / 4 months ago

REFILE-BRIEF-Ascott Residence Trust says revenue for 1Q 2017 grew 5 pct to S$111.3 mln

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April 21 (Reuters) - Ascott Residence Trust

* Ascott Residence Trust's (Ascott REIT) revenue for 1Q 2017 grew 5% to S$111.3 million

* 1Q 2017 distribution per unit (DPU) was 1.51 cents

* For a same-store comparison, DPU for 1Q 2017 would be 1.64 cents if it is adjusted to exclude Ascott REIT's equity placement in March 2016

* Says Q1 adjusted DPU excludes its equity placement to fund Sheraton Tribeca New York Hotel acquisition & contribution from hotel Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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