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Suntec Reit's Q2 DPU flat at 2.5 cents

Sale of Park Mall helps distributable income rise 0.7%, but net property income drops

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Suntec Reit has reported distribution per unit (DPU) of 2.501 Singapore cents for the second quarter ended June 30, almost unchanged from 2.5 cents a year ago. Its distributable income was buoyed by proceeds from the disposal of Park Mall.

Singapore

SUNTEC Reit has reported distribution per unit (DPU) of 2.501 Singapore cents for the second quarter ended June 30, almost unchanged from 2.5 cents a year ago. Its distributable income was buoyed by proceeds from the disposal of Park Mall.

Gross revenue slipped 3.1 per

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