SPH Reit reports DPU of 1.86 cents

Distributable income of $46.5m is 1.9% higher than forecast at IPO launch

IN its first earnings report since its listing, SPH Reit - the real estate investment trust sponsored by Singapore Press Holdings (SPH) - has announced income available for distribution to unitholders of $46.5 million.

This is 1.9 per cent higher than the $45.7 million forecast during its initial public offering (IPO) last July.

The distributable income relates to the period from its July 24 listing date to Nov 30.

The income available for distribution works out to a distribution per unit (DPU) of 1.86...

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