Ascendas Real Estate Investment Trust reported unaudited Group earnings results for the third quarter and year to date ended December 31, 2016. For the quarter, the company reported gross revenue of SGD 208,626,000 compared to SGD 193,812,000 a year ago. Net property income was SGD 154,970,000 compared to SGD 142,168,000 a year ago. Net income was SGD 135,346,000 compared to SGD 99,944,000 a year ago. Total return for the period before tax was SGD 139,726,000 compared to SGD 101,215,000 a year ago. Total return for the period was SGD 148,586,000 compared to SGD 93,885,000 a year ago. Total return attributable to the unit holders and perpetual securities holders was SGD 148,585,000 compared to SGD 93,910,000 a year ago. Net cash generated from operating activities were SGD 122,344,000 compared to SGD 345,896,000 a year ago. Payment for investment property under development was SGD 17,167,000 compared to SGD 4,708,000 a year ago. Payment for capital improvement on investment properties was SGD 4,538,000 compared to SGD 17,737,000 a year ago. Diluted earnings per unit were 4.629 cents compared to 3.571 cents a year ago. Gross revenue increased by 7.6%, mainly attributable to contributions from the acquisition of the Australian Portfolio and ONE@Changi City, partially offset by the divestment of Four Acres Singapore, Ascendas Z-Link and A-REIT City @ Jinqiao. For the year to date, the company reported gross revenue of SGD 621,655,000 compared to SGD 556,944,000 a year ago. Net property income was SGD 456,885,000 compared to SGD 390,236,000 a year ago. Net income was SGD 306,566,000 compared to SGD 287,864,000 a year ago. Total return for the period before tax was SGD 329,510,000 compared to SGD 316,889,000 a year ago. Total return for the period was SGD 350,021,000 compared to SGD 308,418,000 a year ago. Total return attributable to the unit holders and perpetual securities holders was SGD 350,014,000 compared to SGD 308,838,000 a year ago. Net cash generated from operating activities were SGD 368,641,000 compared to SGD 345,896,000 a year ago. Purchase of investment properties were SGD 155,215,000 compared to SGD 964,137,000 a year ago. Payment for investment property under development was SGD 20,679,000 compared to SGD 17,825,000 a year ago. Payment for capital improvement on investment properties was SGD 52,638,000 compared to SGD 102,135,000 a year ago. Diluted earnings per unit were 12.209 cents compared to 11.219 cents a year ago.