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SPH REIT 1Q DPU up 0.8% to 1.34 cents

Jude Chan
Jude Chan1/11/2017 07:33 PM GMT+08  • 2 min read
SPH REIT 1Q DPU up 0.8% to 1.34 cents
SINGAPORE (Jan 11): SPH REIT posted a 0.8% increase in distribution per unit (DPU) to 1.34 cents in 1Q17 on the back of positive rental reversions from both of its mall properties.
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SINGAPORE (Jan 11): SPH REIT posted a 0.8% increase in distribution per unit (DPU) to 1.34 cents in 1Q17 on the back of positive rental reversions from both of its mall properties.

Income available for distribution to unitholders in the quarter ended Nov 30 increased 3% to $36.4 million, compared to $35.3 million a year ago.

The 1Q distribution will be paid to unitholders on Feb 16, 2017.

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