Soilbuild Reit's Q4 DPU at 1.45 cents

Singapore

SOILBUILD Business Space Reit (Soilbuild Reit)'s distribution per unit (DPU) for its fourth quarter rose to 1.45 cents from 1.38 cents, lifted by one-off liquidation proceeds received from Technics Offshore Engineering and higher contribution from Solaris as well as its recent Australia acquisitions.

This came as Q4 income available for distribution for the business parks and industrial Reit increased 5.7 per cent to S$15.4 million from the previous year.