First Reit keeps Q3 DPU steady at 2.15 cents
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HEALTHCARE real estate investment trust First Reit will pay out a distribution per unit (DPU) of 2.15 Singapore cents for the third quarter, unchanged from the same period the year before, manager Bowsprit Capital Corp said on Wednesday.
Distributable income was up by 1.3 per cent year on year to S$17.2 million for the three months to Sept 30, even as net property income slipped by 2.5 per cent to S$28.2 million on higher property expenses in South Korea and Indonesia.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
