Suntec Reit Q3 DPU rises 20.8%
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SUNTEC real estate investment trust's (Reit) distribution per unit (DPU) in Q3 rose 20.8 per cent to 2.232 Singapore cents from 1.848 cents a year earlier, its manager said in a business update filed on Friday (Oct 22).
Distributable income rose 22 per cent to S$63.7 million from S$52.2 million the previous year.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute