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AA REIT posts 9.1% fall in 1Q DPU to 2.50 cents

Jude Chan
Jude Chan7/27/2017 8:40 AM GMT+08  • 2 min read
AA REIT posts 9.1% fall in 1Q DPU to 2.50 cents
SINGAPORE (July 27): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has posted distribution per unit (DPU) of 2.50 cents for the first quarter ended June, 9.1% lower than DPU of 2.75 cents a year ago.
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SINGAPORE (July 27): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has posted distribution per unit (DPU) of 2.50 cents for the first quarter ended June, 9.1% lower than DPU of 2.75 cents a year ago.

The distribution to unitholders for 1Q FY2018 fell 8.7% to $16.0 million, from $17.5 million a year ago.

In a filing to SGX on Thursday, AA REIT says this was mainly due to the partial retention of 1Q distribution to fund the working capital and capital expenditure requirements of the trust.

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