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Higher returns as SPH Reit beats forecasts

It posts DPU of 1.35¢ for Q3, which translates to annualised distribution yield of 5.28%

SHINING BRIGHT From July 24, 2013 to May 31, 2014, Paragon also enjoyed rental uplift of 11.5 per cent. - ST FILE PHOTO


SPH Reit has rewarded its unitholders with higher returns, thanks to steady and resilient operational performance.

The real estate investment trust yesterday posted a distribution per unit (DPU) of 1.35 cents for its third quarter ended May 31.

This was higher than...

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