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New Adelaide mall boosts Starhill's quarterly results (Amended)

DPU growth has been propelled by improving mall quality and tenant mix, says CEO

Published Wed, Jul 29, 2015 · 09:50 PM

Singapore

STARHILL Global Reit's most recent acquisition in Adelaide has lent its quarterly performance a boost.

On Wednesday, it reported a 3.2 per cent year-on-year increase in distribution per unit (DPU) to 1.29 cents for the April-June 2015 quarter. The trust called this period the sixth quarter of an 18-month financial period as it has changed its financial year-end from Dec 31 to June 30.

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