You are here

First Reit Q2 DPU up 1.4% to 2.14 Singapore cents

Monday, July 17, 2017 - 19:10

FIRST Reit, a real estate investment trust which owns a portfolio of mostly Indonesian hospitals, said on Monday that distribution per unit (DPU) for its second quarter ended June 30, 2017, was 2.14 Singapore cents, up 1.4 per cent from 2.11 Singapore cents a year ago.

Gross revenue was rose 3.3 per cent to S$27.5 million, while net property income was up 3.2 per cent to S$27.2 million.

Net asset value at end-June was S$1, down from S$1.01 at end-2016.

First Reit last traded at S$1.335, down half a cent.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom