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OUE Hospitality Trust DPU beats forecast

Q1 distribution of 1.68 cents is 4.3% higher than projected 1.61 cents

Published Mon, May 5, 2014 · 10:00 PM

OUE Hospitality Trust posted a distribution of 1.68 cents per unit for the first quarter ended March 31.

This is 4.3 per cent higher than the forecast of 1.61 cents for the three-month period, the trust said in its financial statement.

The trust was listed in July last year. No comparative first-quarter results for 2013 were available as a result.

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