Reuters logo
BRIEF-Ascott Residence Trust announces proposed acquisition of interests in serviced residence properties in Germany
March 6, 2017 / 1:48 PM / 6 months ago

BRIEF-Ascott Residence Trust announces proposed acquisition of interests in serviced residence properties in Germany

March 6 (Reuters) - Ascott Residence Trust

* Target acquisitions are expected, on a pro forma basis, to contribute an additional annual ebitda of s$5.5 million for financial year ended 31 december 2016

* Target acquisitions are expected, on a pro forma basis, to increase distributable income by s$3.5 million for financial year ended 31 december 2016 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below