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Parkway Life Reit's Q3 DPU up 15.6%; boost from divestment gains

Published Thu, Nov 5, 2015 · 09:50 PM
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Singapore

LIFTED by one-time divestment gains, Parkway Life Real Estate Investment Trust (PLife Reit) on Thursday posted a 15.6 per cent year­on­year rise in third­quarter distributable income to S$20.3 million.

Distribution per unit (DPU) is 3.36 Singapore cents, up 15.6 per cent from 2.9 Singapore cents a year ago.

Without the one­time divestment gains from the completion of asset recycling initiative in March, distr…

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