First REIT Logs Lower Nine-Month DPU, Net Property Income Down

MT Newswires10-28 10:54

First Real Estate Investment Trust (SGX:AW9U) posted SG$0.0144 in distribution per unit for January to September, compared with SG$0.0165 a year ago.

Distributable income was SG$30.6 million, compared with SG$34.8 million year over year, a Tuesday filing with the Singapore Stock Exchange showed.

For the nine months ended Sept. 30, net property and other income was SG$66.4 million versus SG$73.3 million previously, the REIT said.

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