You are here

SPH Reit's DPU up 2.3% in Q1 FY15

Tuesday, January 13, 2015 - 05:50

BT_20150113_LKREIT13YQ4K_1453558.jpg
Clementi Mall, which officially opened in May 2011, enjoyed a 90% tenant retention rate during its first renewal cycle.

Singapore

SPH Reit posted a 2.3 per cent increase in distribution per unit to 1.33 Singapore cents for the first quarter ended Nov 30, 2014, thanks to strong rental reversions and occupancies at its retail malls.

Gross revenue during the quarter improved 1.8 per cent from a year

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom