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Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income - THE EDGE SINGAPORE

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Suntec REIT reports 21.9% drop in 3Q DPU to 1.848 cents on lower distributable income

The manager of Suntec REIT has reported distribution per unit (DPU) of 1.848 cents for 3QFY2020 ended Sept, some 21.9% lower than the 2.365 cents posted a year ago, on lower distributable income fr

Company in the news

Bytedance moving to bigger Singapore office amid expansion plan

ByteDance Ltd., the Chinese owner of video app TikTok, is moving to a bigger office in Singapore’s financial district, paving the way for it to make the city-state its beachhead for the rest of Asi

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Keppel REIT 3Q DPU falls 12.5% to 1.4 cents on lower share of results of associates

SINGAPORE (Oct 17): The manager of Keppel REIT has declared a distribution per unit (DPU) of 1.4 cents in 3Q17, 12.5% lower than the DPU of 1.6 cents in 3Q16 on lower share of results of associates

Broker's Calls

This REIT is well prepared for the office oversupply situation

SINGAPORE (Oct 19): Market watchers remain positive on Keppel Real Estate Investment Trust after the REIT announced that it had renewed all of its leases expiring in FY16, and is poised to ride thr

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