SINGAPORE (Oct 25): The manager of AIMS AMP Capital Industrial REIT (AAREIT) has reported a DPU of 2.50 cents for 2Q19, 2% lower than the 2.55 cents in 2Q18.

However, distributions to unitholders increased by 5% to $17.1 million from $16.3 million a year ago.

DPU was lower despite higher distributions due to higher number of units in issue for the period. In 2Q19, AAREIT had issued about 686.52 million units, while 2Q18 only had 640.63 million units issued.

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