SPH Reit on Tuesday reported a distribution per unit of 1.33 Singapore cents in the first quarter, unchanged from the same period a year ago.
Its distribution to unitholders stood at S$33.7 million, up 0.6 per cent from a year ago. Net property income was up 5.9 per cent to S$40.1 million.
Paragon continued to see healthy leasing demand, while the Clementi Mall remained fully leased.
The Business Times is published by SPH.