MT Newswires11-04
Acrophyte Hospitality Trust (SGX:XZL) posted net property income of $11.6 million for the third quarter, compared with $11.1 million a year ago, according to a Wednesday filing with the Singapore Exchange.
For the quarter ended Sept. 30, the trust's revenue was $43.2 million versus $43.1 million previously.
Total occupancy rose by 2.5 percentage points year over year to 76.2%.
Shares of the trust were up nearly 5% in Wednesday trading.
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