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SPH Reit maintains Q2 DPU on steady performance

Tuesday, April 5, 2016 - 05:50

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As at Feb 29, Paragon's occupancy was 99.9 per cent. The property achieved a rental uplift of 4.3 per cent for new and renewed leases in H1 FY16.

Singapore

SPH Reit announced a distribution per unit (DPU) of 1.4 Singapore cents for the second quarter ended Feb 29, 2016, as it delivered a steady performance amid a challenging retail environment and modest economic outlook.

The DPU for Q2 FY16, payable on May 13, is unchanged

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