Ascendas REIT NPI edged up 6.6% to $168.03m in Q3

Submitted By:  Arianna Danganan Case Study:  No The growth was due to lower property tax expenses during the quarter. Ascendas real estate investment trust (REIT) saw its net property income move up 6.6% YoY from $157.63m to $168.03m in Q3, an announcement revealed. Revenue also rose 4.2% YoY to $226.42m from $217.28m. read more