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Starhill Global Reit's Q3 DPU down 6.3%

STARHILL Global Reit's distribution per unit (DPU) for the third quarter ended March 31, 2017, fell 6.3 per cent to 1.18 Singapore cents.

Gross revenue for Q3 FY16/17 dipped 0.6 per cent year on year to S$53.33 million while net property income (NPI) declined 0.9 per cent to S$41.22 million mainly due to lower contributions from Wisma Atria Property, Ngee Ann City Property (Office), Myer Centre Adelaide and Renhe Spring Zongbei Property.

Unitholders will receive their DPU on May30.

sentifi.com

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