The Business Times
business-time-50

Suntec Reit Q3 DPU up despite lower revenue

Published Thu, Oct 20, 2016 · 09:50 PM
    Suntec Reit

    Singapore

    LOWER revenue from conventions and the sale of Park Mall eroded third-quarter earnings for mall and convention centre owner Suntec Real Estate Investment Trust, though distributions for the period still came in higher year-on-year.

    For the three months ended Sept 30, 2016, Suntec Reit posted a distribution per unit (DPU) of 2.535 Singapore cents, up from 2.522 Singapore cents the previous year, it said in a Singapore Exchange filing on Thursday.

    Suntec Reit

    TRENDING NOW

    First Gen is expanding its geothermal business, rejecting an offer for its EDC subsidiary from Indonesia’s renewables giant Barito Group .

    Philippine power giant First Gen rebuffs foreign offers, plans up to US$2.6 billion in expansion 

    Singaporean architect Cliff Tan has turned his accessible approach to home design into an international consultancy.

    Cliff Tan has 7 million followers and a 4-month waitlist. Why won’t he expand his business?

    The divergence between stablecoin legislation in the US and Europe is striking, reflecting broader debates about monetary sovereignty and financial stability.

    Could stablecoins be the future of money?

    Jonas Strahberger, CEO of TUV SUD Asean, says young jobseekers should look for organisations that are willing to invest in their growth.

    From finance aspirant to Asean CEO: TUV SUD’s Jonas Strahberger on finding people who believe in you

    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