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Soilbuild Reit's Q3 DPU up 20% to 1.1 cents

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Tay Peck Gek

Tay Peck Gek

Published Thu, Oct 15, 2020 · 09:50 PM
Soilbuild Reit

Singapore

SOILBUILD Business Space Reit (Soilbuild Reit) reported a 16.5 per cent increase in net property income to S$19.7 million for the third quarter to September.

The real estate investment trust (Reit) managed to generate a higher net property income as a reversal was made of allowance for doubtful receivables/provision for rent waivers of S$1.5 million as well as lower property taxes.

soilbuild business reitFinancial results

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