SPH REIT recorded a distribution per unit (DPU) of 1.38 cents for the period of 3QFY2021 ended June, 11.3% higher q-o-q.

In its business update released on July 12, the REIT also annouced a 22.2% y-o-y increase in gross revenue to $209.6 million, led by recovery in performance across all its assets. This increase was also supported by additional quarter of financial contribution from Westfield Marion relative to the same period last year and a decrease in rent reliefs to Singapore and Australia eligible tenants.

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