First Reit posts record Q3 DPU of 2.02 S'pore cents
Singapore
FIRST Real Estate Investment Trust (First Reit) has posted a record distribution per unit (DPU) of 2.02 Singapore cents for the third quarter ended September.
This is a 3.1 per cent year-on-year increase, on the back of distribution to unitholders increasing 6.1 per cent to S$14.7 million.
Net property income (NPI) for the third quarter rose 7.9 per cent to S$23.5 million from S$21.7 million a year ago, said the healthcare Reit yesterda…
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