Suntec REIT’s distribution per unit (DPU) for the 1QFY2021 ended March grew 16.2% y-o-y to 2.045 from 1.76 cents previously, on the back of higher distributable income which grew 5.4% y-o-y to $58.1 million.

Net property income (NPI) for the 1QFY2021 came in at $59.5 million, representing 10.2% y-o-y growth from $54 million the year before.

Gross revenue for 1QFY2021 grew 0.2% to $87.1 million from $86.9 million previously.

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