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Sasseur Reit posts 3.1% lower Q2 DPU of S$0.03055
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Sasseur Real Estate Investment Trust (Reit) reported a 3.1% decrease in its Q2 distribution per unit (DPU) to S$0.03055, down from S$0.03153 a year earlier. Rental income for H1 2025 rose 2.2% to 336.2 million yuan (S$60 million), supported by a rebound in sales. Distributable income fell slightly to S$42.4 million. The Reit maintained a high occupancy rate of 98.5%. Chairman Vito Xu expressed cautious optimism for H2 2025 amid macroeconomic uncertainties, despite China's GDP growth of 5.3% in H1 2025. Units of Sasseur Reit rose 0.7% to S$0.695.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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