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ESR-Reit Q3 DPU drops 20% to 0.798 Singapore cent

But it's releasing S$3.5m in distributable income held back in Q1

Vivienne Tay

Published Fri, Oct 30, 2020 · 09:50 PM

Singapore

ESR-REIT'S distribution per unit (DPU) fell 20.2 per cent to 0.798 Singapore cent for its third quarter ended Sept 30, 2020, from one cent a year ago, its manager announced on Friday in a bourse filing.

The manager also announced the release of S$3.5 million in distributable income from the first quarter of 2020, previously retained in view of Covid-19 uncertainties.