Parkway Life Reit DPU down 3.7%
Singapore
PARKWAY Life Real Estate Investment Trust (Reit) saw distribution per unit (DPU) fall 3.7 per cent to 3.19 Singapore cents for the three months ended June 30, due to the absence of a one-off divestment gain in the year-ago period.
The Reit's distributable income for Q2 2018, entirely from recurring operations, was SS$19.3 million, down from Q2 2017's total distributable income of S$20.1 million, but higher than its S$18.7 million distributable income from recurring operations.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Brokers’ take: SAC Research initiates ‘buy’ on Soilbuild with S$0.04 target
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
UBS reports first profit since taking over Credit Suisse
Amazon’s AWS commits extra S$12 billion to boost Singapore cloud infrastructure
New Thai finance chief wants monetary, fiscal policies aligned