SUBSCRIBERS
Average DPU of 5 industrial Reits for January-March quarter down 3.5%
Published Wed, May 4, 2016 · 09:50 PM
Singapore
WITH the supply of industrial space here outstripping demand, the average distribution per unit (DPU) for five of the seven industrial real estate investment trusts (Reits) that have released their earnings for the quarter ended March 31, has gone down.
The average DPU for the five was 2.1 Singapore cents, down an average 3.5 per cent from the year-ago period, said an SGX (Singapore Exchange) My Gateway report on Wednesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance