Asset renovations hit Starhill's Q1
DPU dips 0.8 per cent, net property income drops 1.7 per cent
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Singapore
ASSET enhancements and tenant transitions at Starhill Global Reit's Australian and Chinese shopping malls affected its first-quarter performance slightly, although its Singapore assets continued to do well.
The retail trust on Friday posted a 0.8 per cent dip in distribution per unit (DPU) to 1.3 Singapore cents for its first quarter ended Sept 30, 2016, down 0.01 cent from a year ago.
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