Full Year 2019 Ascendas Real Estate Investment Trust Earnings Presentation Transcript
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A warm welcome to Ascendas REIT FY '18/'19 Results Presentation. We will have a 15-minute presentation followed by Q&A. This will be checked by our CEO, William Tay.
Key highlights. We have here a very stable set of results, despite the very uncertain market condition in FY '18/'19. Gross revenue, NPI and the amount available for distribution increased 2.8%, 3.2% and 3.8%, respectively. The numbers were generally underpinned by new acquisitions in U.K. and Australia as well as the completion of 2 redevelopments in Singapore. However, in these numbers, there are some one-off items. DPU grew by 0.3% to $0.16035 due to an enlarged number
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