Ascendas Real Estate Investment Trust Reports Unaudited Group and Results for the Third Quarter and Year to Date Ended December 31, 2015
For the nine months, the company reported Group gross revenue of SGD 556,944,000 compared to SGD 499,693,000 a year ago. Net property income was SGD 390,236,000 compared to SGD 345,538,000 a year ago. Net income was SGD 287,864,000 compared to SGD 214,809,000 a year ago. Total return for the period before tax was SGD 316,889,000 compared to SGD 294,259,000 a year ago. Total return for the period was SGD 308,418,000 compared to SGD 291,140,000 a year ago. Total return attributable to the unit holders was SGD 308,838,000 compared to SGD 291,109,000 a year ago. Net cash generated from operating activities were SGD 345,896,000 compared to SGD 320,392,000 a year ago. Purchase of plant and equipment was SGD 114,000 compared to SGD 1,351,000 a year ago. Diluted earnings per unit were 11.219 cents compared with 11.800 cents a year ago. As on December 31, 2015, the company's net asset value per unit was 206 cents and adjusted net asset value per unit was 202 cents.