First Real Investment Trust, or First Reit, says its fiscal second quarter distribution per unit was 1.92 Singapore cents. This was unchanged from the DPU posted in the year ago period. Meanwhile, distributable income for the quarter rose 0.4 per cent year on year to S$5.3 million. And its net property income gained 0.7 per cent to S$7.5 million, excluding deferred rental income of property under asset...
REITS
Mapletree Logistics Trust saw a 1.35 per cent on-year increase in its distribution per unit in the second quarter this year. Its DPU for the second quarter came in at 1.5 cents, just above the 1.48 cents announced in the same period a year ago. Distributable income rose by 7.7 per cent on-year to some S$30.8 million, while net property income was up 0.3 per cent on-year to about S$45.8...
Frasers Centrepoint Trust (FCT) has announced a third quarter distribution per unit of 2.07 cents. That's 6.7 per cent higher than the DPU of 1.94 cents achieved in the same quarter last year. Distributable income over the period rose 34.6 per cent to S$16.3 million while net property income jumped 46.3 per cent to S$21.5 million. FCT said the increase in revenue was helped by contributions from its...
CapitaRetail China Trust (CRCT) said its distribution per unit or (DPU) increase to 2.07 Singapore cents in the second quarter. That's up 6.7 per cent on-year from the DPU of 1.94 Singapore cents compared to same period a year ago. Net property income over the period rose slightly 1.9 per cent on-year to S$19.8 million. CRCT's distributable income also rose some 7.3 per cent on-year to S$12.9...
Ascendas India Trust said its distribution per unit (DPU) for the first quarter stood at 1.66 cents. That's down 19 per cent from the DPU of 2.06 cents achieved in the same period the previous year. Unitholders' distribution in the first quarter also fell 19 per cent on year to S$12.67 million. Ascendas said this was mainly due to realised gains in the first quarter last year of S$4.1 million from the...
Mainboard-listed Ascott Residence Trust has reported a slight increase in its distribution per unit in the second quarter. Its Q2 DPU came in at 1.87 cents, four per cent higher than the 1.79 cents DPU announced in the year-ago period. Distributable income rose five per cent on-year to S$11.5 million, while revenue was up three per cent on-year to S$44.4 million. Ascott attributes the increased revenue...
Suntec Real Estate Investment Trust (REIT) on Thursday said it will distribute 2.53 cents per unit in the second quarter. This is down 15 per cent from the DPU of 2.98 cents in the year ago period. Suntec REIT said its distributable income came to S$45.93 million for the quarter. This is a slight dip of about 4 per cent from S$47.77 million a year ago. The trust said its annualised yield stands at 7.7...
CapitaMall Trust (CMT) says it wants to participate in greenfield development projects to further grow its distribution per unit (DPU). This will be on top of its existing strategy involving active leasing, assets enhancement and selective acquisition of yield accretive projects. CMT made the comments at its results briefing on Thursday. CMT saw positive growth in the first six months of the year,...
CapitaMall Trust says its second quarter distribution per unit rose 7.5 per cent on-year to 2.29 cents. It announced a DPU of 2.13 cents in the year-ago period. Second quarter distributable income also rose 7.5 per cent on-year to S$73 million, while net property income gained 5.3 per cent to S$98.7 million. CMT says the improved performance was driven mainly by higher rental rates for new and renewed...
Office landlord CapitaCommercial Trust said its distribution per unit for the second quarter came in at 1.97 Singapore cents. When adjusted for its rights issue, the DPU is 15.2 percent higher than the 1.71 cents declared for the year-ago period. This brings CCT's first half DPU to 3.9 cents, 17.1 per cent more than the 3.33 cents DPU announced for the same period last year after adjusting for the rights...