Wednesday, July 20, 2016
Ascott Reit 2QFY16
Revenue $119.4m
Gross Profit $57.9m
Unitholders Distribution $35m
DPU 2.13 cents
RevPAU $142
Gearing 41%
Interest Cover 4.1X
Effective Interest rate 2.5%
Percentage Of Fixed Debts 80%
NAV $1.32
Weighted Avg Debt to Maturity 4.9 years
Ascott Reit is my latest addition. I like it for its diversified portfolio in 38 cities within 14 countries with 90plus properties (11K plus apartments).
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