Soilbuild Reit posts 5.1% rise in Q3 DPU

Singapore

SOILBUILD Business Space Reit posted a 5.1 per cent rise in distribution per unit (DPU) from a year ago to 1.625 Singapore cents for the third quarter ended Sept 30.

The Reit manager attributed this to stable performance of existing portfolio and contribution from newly acquired industrial property known as Technics located at 72 Loyang Way, which was completed in May.