SINGAPORE (July 16): The manager of ESR-REIT has reported a distribution per unit (DPU) of 1.162 cents for 1H20 ended June, which is 42.2% lower than the DPU of 2.011 cents a year ago.

The lower DPU was mainly attributable to the impact of the Covid-19 outbreak and the circuit breaker measures imposed from April to June.

The total distributable income to unitholders amounts to some $40.8 million after the REIT says it has decided to retain about $7.0 million in 1Q20 for “prudent cash flow management”.

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