Soilbuild Reit's Q4 DPU down 11.9%
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SOILBUILD Business Space Reit reported an 11.9 per cent drop in distribution per unit (DPU) for the fourth quarter ended Dec 31, 2017 to 1.383 Singapore cents.
This came as gross revenue and net property income (NPI) fell by 4.3 per cent to S$20.75 million and 6 per cent to S$17.75 million respectively, mainly due to lower contribution from 72 Loyang Way.
