Suntec REIT's DPU Rises 3.4% in Q1

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2025.04.25 02:37
portai
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Suntec REIT's distribution per unit or DPU rose 3.4% during the first quarter of 2025 to SG$0.01563 from SG$0.01511 a year earlier. Distributable income rose 4.3% to SG$45.9 million from SG$44.0 million, according to a late filing with the Singapore Exchange on Thursday. Net property income rose 5% year on year to SG$77.1 million from SG$73.4 million. Meanwhile, gross revenue was up 3.4% on year to SG$113.5 million from SG$109.8 million, thanks to strong performances across all properties.