The manager of ESR-REIT has declared distribution per unit (DPU) of 0.798 cents for the 3QFY2020 ended Sept 30, down 20.2% from the 1.00 cent declared a year ago but up 20.5% q-o-q.

See also: An ESR-REIT rally to 55 cents would solve the discount to NAV offer for Sabana REIT

Distributable income for the quarter stood at $28.3 million, down 3.1% y-o-y and up 20.9% q-o-q. This includes the distribution of $3.5 million, or 50% of the distributable income retained in 1QFY2020.

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