Corporate digest

OUE Commercial Reit

OFFICE space landlord OUE Commercial Reit (OUE C-Reit) posted a fall of 15.4 per cent for its second-quarter distribution per unit (DPU) to 1.15 Singapore cents from 1.36 Singapore cents in the year-ago period, the group said in a Singapore Exchange filing on Wednesday. Income available for distribution for Q2 edged up by 0.6 per cent to S$17.83 million, from S$17.73 million in the year-ago period.

Gross revenue was S$44.21 million, down 3.2 per cent from S$45.69 million in the corresponding period last year. Net property income came to S$34.77 million, down 1.3 per cent from S$35.23 million in the preceding year.