You are here

Rent declines hit ESR Reit's Q4, full-year DPU


RENEWED leases that were locked in at rates lower than their previous contracts led ESR Reit's fourth-quarter distribution per unit (DPU) to fall 6.7 per cent to 0.929 Singapore cent.

For the three months ended Dec 31, 2017, gross revenue fell 2.2 per cent to S$27.2...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to