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SPH Reit reports DPU of 1.33 cents, unchanged from a year ago

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.