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ESR Reit's Q1 DPU jumps 19% after Viva Industrial Trust merger

Published Wed, Apr 24, 2019 · 09:50 PM

Singapore

INDUSTRIAL landlord ESR Reit saw an 18.9 per cent jump in distribution per unit (DPU) to 1.007 Singapore cents for its first quarter, on the back of contributions from Viva Industrial Trust's properties post-merger.

The results gave a lift to ESR units, which closed up 2 per cent or one cent at S$0.51 on Wednesday.

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Companies & Markets

Companies & Markets

ESR Reit's Q1 DPU jumps 19% after Viva Industrial Trust merger

Companies & Markets

Singapore stocks rise, tracking regional bourses; STI up 0.3%

Boosted by name brand beers, Carlsberg sees higher sales

JPMorgan promotes about 150 in Asia, EMEA to managing director

Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations

Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2

L'Occitane's billionaire owner Geiger to take firm private in US$1.8 billion deal

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