BRIEF-Ascendas Real Estate Investment Trust To Buy Portfolio Of 28 Business Park Properties In U.S.
Nov 1 (Reuters) - Ascendas Real Estate Investment Trust :
* ASCENDAS FUNDS MANAGEMENT TO BUY A PORTFOLIO OF 28 BUSINESS PARK PROPERTIES LOCATED IN UNITED STATES
* DEAL FOR S$1.66 BILLION
* TRANSACTION IS DPU AND DPU YIELD ACCRETIVE
* DEAL INCLUDES PROPOSED ACQUISITIONS OF TWO BUSINESS PARK PROPERTIES LOCATED IN SINGAPORE
* PRO FORMA FINANCIAL EFFECT OF PROPOSED DEAL ON FY18/19 DPU WOULD BE AN IMPROVEMENT OF 0.101 SINGAPORE CENTS Source text for Eikon: Further company coverage: