The Business Times
business-time-50

Suntec Reit DPU drops 9.4% on enlarged unit base, lower capital distribution

google-preferred-sourceAdd BT as a preferred source
Vivienne Tay

Vivienne Tay

Published Wed, Jan 22, 2020 · 09:50 PM
    Suntec Reit

    Singapore

    SUNTEC Real Estate Investment Trust's distribution per unit (DPU) fell by 9.4 per cent to 2.347 Singapore cents for its fourth quarter ended Dec 31, from 2.59 cents a year ago.

    This was mainly due to an enlarged unit base and lower capital distribution, the Reit manager said in a regulatory filing on Wednesday.

    Financial results

    TRENDING NOW

    The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

    Philippines’ income upgrade hides grim reality for most Filipinos

    The Australian dollar rose 0.2 per cent to US$0.7001 on Monday. 

    Australia, New Zealand dollars climb as oil slide eases rate concerns

    Justin Quek, CEO of OrangeTee and Deputy Group CEO of Realion Group (right), with Dr Tan Tee Khoon, head of KF Property Network.

    Knight Frank winds down real estate agency unit, agents to move to OrangeTee & Tie

    BYD CEO Wang Chuan-Fu fought back tears during an investor meeting last year when discussing “short-term pressures” facing the company and being “misunderstood.” 

    BYD’s car discounts show China’s EV price war is getting worse

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More