Starhill Global REIT (Starhill REIT) has reported a distribution per unit (DPU) of 1.78 cents in 1HFY21/22, up 2.3% y-o-y.
Including FY19/20’s deferred distributable income of $3.1 million or 0.14 cents per unit released for the 1HFY20/21 distribution, DPU would have declined by 5.3%, according to the REIT.
Revenue for 1HFY21/22 rose by 2.9% over the previous corresponding period to $9 million, while net property income (NPI) grew by 7.2% to $69.6 million.
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