First Reit's Q3 DPU up on contribution from Kupang Property
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CONTRIBUTION from the Kupang Property comprising Siloam Hospitals Kupang and Lippo Plaza Kupang acquired in December 2015 helped lift healthcare real estate investment trust First Reit's third quarter earnings.
The Reit, which owns 17 properties in Indonesia, Singapore and South Korea, on Wednesday posted distribution per unit (DPU) of 2.12 Singapore cents for the three months ended September 2016.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore