Page 24 - ar2012

MANAGER’S REPORT
• Total number of properties grew to 102 properties (as at 31
March 2012) from eight properties at IPO (22 November 2002).
AUM increased from S$0.6 billion to S$6.6 billion in the same
period representing a CAGR of 30.0% p.a.
• Total amount available for distribution increased by CAGR of
38.2% to S$281.7 million
• DPU increased by CAGR of 6.6% despite a 3-fold increase in
the number of units issued
• NAV grew from S$0.89 per Unit to S$1.878 per Unit as at 31
March 2012
• The above were achieved with a stable aggregate leverage
(average 33% since listing)
2012 is the 10th anniversary of A-REIT’s listing on the SGX-ST.
The Manager is pleased to report the highlights for FY11/12 and
to reminisce over some signifcant milestones of the journey
travelled in the last decade:
A Decade Of Sustained Growth
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
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