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Parkway Life REIT declares 3Q DPU of 3.23 cents, down 4.1% on absence of one-off gain

PC Lee
PC Lee10/25/2018 7:41 AM GMT+08  • 2 min read
Parkway Life REIT declares 3Q DPU of 3.23 cents, down 4.1% on absence of one-off gain
SINGAPORE (Oct 25) The manager of Parkway Life Real Estate Investment Trust (PLife REIT) has announced a DPU of 3.23 cents for 3Q18 ended Sept.
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SINGAPORE (Oct 25) The manager of Parkway Life Real Estate Investment Trust (PLife REIT) has announced a DPU of 3.23 cents for 3Q18 ended Sept.

Due to the absence of the one-off distribution of divestment gain, there was a y-o-y decline in overall DPU of 4.1% in 3Q18. However, DPU from recurring operations increased by 2.7% from 3Q17.

DPU for the nine months ended Sept 30 (YTD 3Q18) came in at 9.59 cents.

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