Suntec Reit's Q4 distributable income up 7.7%
This translates into DPU of 2.75 Singapore cents, up 6.7% from year-ago's 2.577 Singapore cents
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Singapore
SUNTEC Reit posted a distributable income of S$69.5 million for the fourth quarter ended December, up 7.7 per cent compared to the previous year. This translates into a distribution per unit of 2.75 Singapore cents, up 6.7 per cent from 2.577 Singapore cents a year ago.
Revenue for the quarter was S$87.54 million up 13.9 per cent. Net property income was up 17.9 per cent at S$62.49 million.
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