OUE C-Reit posts 34.5% rise in Q2 DPU to 0.78 S cent

Singapore

OUE Commercial Reit (OUE C-Reit) on Wednesday posted second-quarter distribution per unit (DPU) of 0.78 Singapore cent, up 34.5 per cent from a restated DPU of 0.58 cent in the same period a year earlier.

The restatement adjusts for the dilutive effects of a 83-for-100 rights issue done in October last year.