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ESR-REIT reported 4.7% increase in 2Q DPU to 1.001 cents on higher NPI and distributions from past divestment gains

Samantha Chiew
Samantha Chiew8/13/2018 07:23 AM GMT+08  • 2 min read
ESR-REIT reported 4.7% increase in 2Q DPU to 1.001 cents on higher NPI and distributions from past divestment gains
SINGAPORE (Aug 13): ESR-REIT announced 2Q18 DPU increased by 4.7% to 1.001 cents from 0.956 cent in 2Q17 on higher net property income (NPI) and distributions from gains relating to past divestments.
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SINGAPORE (Aug 13): ESR-REIT announced 2Q18 DPU increased by 4.7% to 1.001 cents from 0.956 cent in 2Q17 on higher net property income (NPI) and distributions from gains relating to past divestments.

With the 2Q18 distribution, 1H18 DPU came in at 1.848 cents, 5.7% lower than 1.960 cents in 1H17.

Total amount distributable for 2Q18 increased by 27.1% to $15.8 million from $12.5 million in the previous year.

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