Distributable income
Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23
Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23
Given the decline, the REIT proposed a 14.0% YoY lower DPU.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
Sasseur REIT posts record-high Q1 distributable income of $24.7m
The Q1 distributable income translates to a 3.6% YoY higher DPU of $0.01822.
COVID slashes $0.2m from FLCT’s distributable income
The pandemic, however, had no material impact on the REIT’s portfolio.
Sasseur REIT income increased 19.7% to $21.6m in Q2 2021
This is due to active leasing activities and improvement in operating performance.
LREIT income rose 33.5% YoY to S$27.6m in H1
Its gross revenue also rose 8.5% YoY to S$37m.
Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
Prime said its gross revenue and net property income also remained stable.
Ascott Residence Trust distributable income rose 96% to S$63.8m in H1
This included one-off partial distribution of divestment gains of S$20m.
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