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BRIEF-Ascendas REIT acquires property in Australia
September 25, 2017 / 9:26 AM / 23 days ago

BRIEF-Ascendas REIT acquires property in Australia

Sept 25 (Reuters) - Ascendas Real Estate Investment Trust

* Ascendas REIT acquires No. 100 Wickham Street in Queensland, Australia, for A$83.8 million

* Ascendas REIT is expected to incur an estimated total transaction cost of A$6.1 million

* Annualised pro forma financial effect of acquisition on FY16/17 DPU would be improvement of 0.054 SG cents Source text for Eikon: Further company coverage:

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