Suntec Reit's Q3 DPU up 0.3% to 2.491 cents

Singapore

SUNTEC Reit has posted a third-quarter distribution per unit (DPU) of 2.491 Singapore cents, up 0.3 per cent from the same period a year earlier.

This was helped by higher contributions from Southgate Complex and a 0.374 Singapore cent capital distribution from the disposal of Park Mall in 2015, although lower office revenue from Suntec City offset higher retail and convention revenue.