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First Reit posts record Q1 DPU on new hospital contribution

It cites latest property, Siloam Sriwijaya in Palembang, for improved performance

Published Tue, Apr 14, 2015 · 09:50 PM
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Singapore

FIRST Reit has delivered a record distribution per unit (DPU) of 2.06 Singapore cents for its first quarter ended March 31, 2015, compared to the 1.99 cents it paid a year ago.

Gross revenue rose 10.1 per cent to S$24.7 million, while net property income rose 9.3 per cent to S$24.2 million.

Its improved performance was ma…

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