ESR-Reit Q2 DPU holds firm at 1.004 Singapore cents
Add BT as a preferred sourceSingapore
ESR-REIT'S distribution per unit (DPU) was flat at 1.004 Singapore cents for its second quarter, up just 0.3 per cent from 1.001 cents a year ago, according to the industrial landlord's Q2 results released on Monday.
This translates to an annualised distribution yield of 7.6 per cent on the back of a more diversified portfolio with lower capital structure risks, said ESR-Reit's manager.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
As luxury retail goes big, can Singapore’s Orchard Road keep up?
Singapore releases Economic Strategy Review Final Report, with more detailed proposals
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
