You are here

SUBSCRIBERS

SPH Reit maintains Q2 DPU on steady performance

BT_20160405_NRSPH5BXXY_2203677.jpg
As at Feb 29, Paragon's occupancy was 99.9 per cent. The property achieved a rental uplift of 4.3 per cent for new and renewed leases in H1 FY16.

Singapore

SPH Reit announced a distribution per unit (DPU) of 1.4 Singapore cents for the second quarter ended Feb 29, 2016, as it delivered a steady performance amid a challenging retail environment and modest economic outlook.

The DPU for Q2 FY16, payable on May 13, is unchanged...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes