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OUE H-Trust DPU up 6.6% in Q4
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.
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