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ASCOTT RESIDENCE TRUST A68U.SI Ascott Residence Trust - Second bite of the big apple
- Increased US presence with second hotel acquisition in New York for S$218m
- S$100m equity placement at S$1.055 to fund acquisition
- 0.3-1.4% uplift to FY16-18F DPU
- DPU payment of 1.5-1.6 Scts to existing unitholders prior to placement
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