Viva's Q4 DPS up on resilient business park portfolio
Singapore
A RESILIENT business park portfolio has enabled Viva Industrial Trust (VIT) to achieve a 7.7 per cent year-on-year growth in distribution per stapled security (DPS) to 1.760 Singapore cents for its fourth quarter, the trust said on Thursday.
The DPS growth came on the back of a steady rise in distributable income, which rose 27.9 per cent to reach S$15.9 million for the three months ended Dec 31, 2016.
Gross revenue went up 29.8 per cent to S$25.57 mi…
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