Ascendas Real Estate Investment Trust posted a 13.2 per cent drop in net income in its 4th quarter compared to the previous quarter -- this comes as the business and industrial REIT saw borrowing costs and non-property expenses jump 31.9 per cent and 97.5 per cent respectively.
http://www.channelnewsasia.com/news/business/singapore/a-reit-posts-13-2-drop-in-q4-net-income/639396.html
http://www.channelnewsasia.com/news/business/singapore/a-reit-posts-13-2-drop-in-q4-net-income/639396.html
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