SINGAPORE (Aug 8): The manager of BHG Retail REIT reported 2Q19 DPU of 0.98 cents, 27.4% lower compared to the 2Q18 DPU of 1.35 cents.
This was despite 2Q19 amount available for distribution being 2.9% higher at $5.3 million from a year ago.
BHG Retail Trust Management says the reduction in DPU was due to the increase of units entitled to distribution as a result of payment of management fees in units, in lieu of cash.
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