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OUE H-Trust DPU up 6.6% in Q4

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Published Tue, Jan 27, 2015 · 09:50 PM

Singapore

OUE Hospitality Trust's (OUE H-Trust) fourth-quarter distributable income rose 7.5 per cent on the back of better per-unit revenues in its hotel and mall assets.

Income available for distribution rose to S$23.6 million in the quarter ended Dec 31, about 1.3 per cent more than the trust's own forecast. Distribution per unit increased by 6.6 per cent to 1.78 Singapore cents.

oue hospitality trust

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