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OUE Commercial Reit's Q4 distribution income up 14.6%

But DPU dips to 1.14 Singapore cents, down 3.4 per cent from the previous year, due to an enlarged unit base

Published Wed, Jan 31, 2018 · 09:50 PM

Singapore

AN ABSENCE of performance fees and higher income support drawdown lifted fourth-quarter results for landlord OUE Commercial Reit (OUE C-Reit).

Q4 income available for distribution rose 14.6 per cent to S$17.7 million from the previous year, it said in a Singapore Exchange filing on Jan 31.

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