Suntec Reit posts 9.8% rise in H2 DPU

Singapore

SUNTEC real estate investment trust's (Reit) Suntec Reit distribution per unit (DPU) rose 9.8 per cent to S$0.04512 for its second half ended Dec 31, 2021, from S$0.04109 a year ago, its manager said in a bourse filing on Wednesday (Jan 26).

The rise in DPU came on the back of higher distribution income from operations which stood at S$129 million for the half-year period, up 21.6 per cent from the S$106 million recorded in the year-ago period.