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PLife Reit's Q4, FY DPU lower in absence of one-off gain

Thursday, January 26, 2017 - 05:50

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"For the year, the group had remained steadfast in ensuring well insulated earnings for the unitholders." - Yong Yean Chau, CEO of Parkway Trust Management Limited

Singapore

IN THE absence of divestment gains, Parkway Life real estate investment trust (PLife Reit) posted a distribution per unit (DPU) of 3.06 Singapore cents in its fourth quarter, down 9.2 per cent year on year.

The one-off capital distribution was due to the divestment of

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