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Sasseur REIT reports DPU of 1.822 cents in 1QFY2022, up 3.58% y-o-y

Felicia Tan
Felicia Tan5/12/2022 08:52 AM GMT+08  • 2 min read
Sasseur REIT reports DPU of 1.822 cents in 1QFY2022, up 3.58% y-o-y
Vito Xu, chairman of the manager of Sasseur REIT. Photo: Albert Chua/The Edge Singapore
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Sasseur REIT has reported a distribution per unit (DPU) of 1.822 cents in the 1QFY2022 ended March, 3.58% higher than the DPU of 1.759 cents in the same period the year before.

The DPU comes after the retention of $2.5 million or 10% of its distributable income for working capital purposes. If not, DPU would’ve stood 3.5% higher y-o-y at 2.024 cents.

According to the REIT manager, the quarter’s DPU is the highest for the 1Q period since the REIT’s listing.

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