First Reit's annual distribution per unit fell by 8.1% | Lianhe Zaobao
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First REIT's distribution per unit for the fiscal year 2025 is 2.17 cents, a decrease of 8.1% compared to the same period last year. The main reasons are the depreciation of the Indonesian Rupiah against the Singapore Dollar and the expansion of the unit base. Distributable income fell by 7.1% to SGD 45.8 million, with rental income and net property income decreasing by 1.6% and 1.1%, respectively. The trust's debt ratio rose to 42.1%, and the cost of debt decreased from 5% to 4.5%
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