Lendlease Global Reit posts 33% increase in DPU for second-half year amid retail recovery
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LENDLEASE Global Commercial Reit (Lendlease Global Reit) on Tuesday posted a distribution per unit (DPU) of 2.34 Singapore cents for the half-year ended June 30, up 32.8 per cent from 1.76 cents a year ago on the back of recovery in retail activity.
Gross revenue was up 8.5 per cent to S$37 million, from S$34.1 million a year ago.
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