Suntec Reit's Q1 DPU up with help from Park Mall sale
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SUNTEC Reit on Thursday reported a 6.3 per cent increase in distribution per unit (DPU) to 2.371 Singapore cents for its first quarter ended March 31, 2016.
This was despite its divestment of Park Mall, completed last December, although as promised, the Reit manager used part of the sales proceeds to mitigate the otherwise inevitable dip in DPU.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
