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Parkway Life Reit posts 7.4% rise in Q1 DPU to 3.57 cents

Net property income grew 1 per cent to S$28 million, from S$27.7 million

Vivienne Tay

Published Sat, Apr 24, 2021 · 05:50 AM

Singapore

PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) on Friday posted a 7.4 per cent rise in distribution per unit (DPU) to 3.57 Singapore cents for its first quarter ended March 31, 2021, from 3.32 cents the year before.

On an annualised basis DPU was 14.28 Singapore cents, up 7.4 per cent from 13.28 cents the previous year.

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Companies & Markets

Companies & Markets

Parkway Life Reit posts 7.4% rise in Q1 DPU to 3.57 cents

Vivienne Tay

KEYWORDS IN THIS ARTICLE

Companies & Markets

Europe: Stocks close at record high on earnings, rate cut optimism

Oil falls on prospect of higher-for-longer US rates, stronger dollar

Frasers Property H1 profit slides 81% on property value losses, lower residential contributions

US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties

Barclays cuts jobs in energy transition team it only just built

UMS Holdings Q1 net profit drops 44% to S$9.8 million

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