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Suntec Reit's Q2 DPU flat at 2.5 cents
Sale of Park Mall helps distributable income rise 0.7%, but net property income drops
Published Thu, Jul 21, 2016 · 09:50 PM
Singapore
SUNTEC Reit has reported distribution per unit (DPU) of 2.501 Singapore cents for the second quarter ended June 30, almost unchanged from 2.5 cents a year ago. Its distributable income was buoyed by proceeds from the disposal of Park Mall.
Gross revenue slipped 3.1 per cent to S$78.94 million while net proper…
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