The Business Times
business-time-50

First Reit posts 2.5% rise in Q4 DPU, lifted by acquisitions

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jan 19, 2016 · 09:50 PM
    First Reit

    Singapore

    MAINBOARD-LISTED First Reit (real estate investment trust) has posted a 2.5 per cent rise to 2.09 Singapore cents in distribution per unit (DPU) for the fourth quarter of 2015, lifted by revenue from new acquisitions. It will be paid on Feb 29.

    This brings annualised DPU to 8.3 Singapore cents, up 3.1 per cent year- on-year, which represents an annualised distribution yield of 6.9 per cent, based on the closing price of S$1.20 on Dec 31, 2015.

    first reit

    TRENDING NOW

    Singtel Singapore’s operating revenue falls 3.1% to S$901 million, attributed to “continued intense price competition”.

    Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business

    The energy and urban solutions provider incurred S$155 million in transaction costs related to its acquisition of Australian energy provider Alinta.

    Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    Revenue for the half year grows 61.1% to S$2.72 billion, up from S$1.69 billion in H1 2025.

    CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More