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Home / Capital / Results

Prime US REIT 2H20 DPU and FY20 DPU outperform IPO forecast by 2.1% and 3.6%

Results

Prime US REIT 2H20 DPU and FY20 DPU outperform IPO forecast by 2.1% and 3.6%

Felicia Tan Published on Wed, Feb 17, 2021 / 8:57 PM GMT+8

The manager of Prime US REIT has reported distribution per unit (DPU) of 3.42 US cents (4.53 cents) for the 2HFY2020 ended December, outperforming its IPO forecast of 3.35 US cents by 2.1%.

FY2020 DPU stood at 6.94 US cents, surpassing its IPO forecast of 6.70 US cents by 3.6%.

Prime US REIT, which has a high-quality office portfolio in the US, listed on the Singapore Exchange (SGX) on July 19, 2019.