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Sasseur REIT reports record DPU of 7.104 cents for FY2021; 4Q DPU down 1.8% at 1.90 cents

Felicia Tan
Felicia Tan2/18/2022 8:40 AM GMT+08  • 4 min read
Sasseur REIT reports record DPU of 7.104 cents for FY2021; 4Q DPU down 1.8% at 1.90 cents
On a like-for-like basis, the REIT’s DPU for the 4QFY2021 would have been 7.4% higher at a record 2.079 cents.
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The manager of Sasseur REIT has reported a distribution per unit (DPU) of 1.90 cents for the 4QFY2021 ended December, down 1.8% y-o-y from the DPU of 1.935 in the corresponding period the year before.

The lower DPU is partly due to the retention of $2.2 million of distributable income in the quarter.

For the 4QFY2021, Sasseur REIT’s distributable income rose 8.4% y-o-y to $25.3 million.

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