CapLand Ascott Tr  – Acquisition of Ify Funan Singapore is another great asset added to boost their total portfolio plus an increase of 3.5m distribution income or 1.5 percent increase in DPU payout,  awesome! This acquisition is being funded by the recent divestment of Citadines Mount Sophia and the Gearing is below 40 percent which […]

source: https://thefinance.sg/2024/10/02/capland-ascott-tr-acquisition-of-ify-funan-singapore-is-another-great-asset-added-to-boost-their-total-portfolio-plus-an-increase-of-3-5m-distribution-income-or-1-5-percent-increase-in-dpu-payout/