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EC World REIT declares 2Q DPU of 1.54 cents, 4.1% higher than forecast

PC Lee
PC Lee8/3/2017 07:36 PM GMT+08  • 2 min read
EC World REIT declares 2Q DPU of 1.54 cents, 4.1% higher than forecast
SINGAPORE (Aug 3): The manager of EC World REIT has declared a 2Q DPU of 1.54 cents, 4.1% higher than the forecast DPU of 1.48 cents.
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SINGAPORE (Aug 3): The manager of EC World REIT has declared a 2Q DPU of 1.54 cents, 4.1% higher than the forecast DPU of 1.48 cents.

EC World Asset Management says this is the third consecutive quarter in which EC World has outperformed its IPO forecast.

Gross revenue for 2Q17 was $23.2 million for the quarter, an increase of $0.5 million or 2.4% compared to the pro-rated forecast. NPI was $21.1 million, an increase of $0.6 million or 2.8% compared to the pro-rated forecast.

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