First Reit’s distribution per unit for Q4 2019 was flat year on year at 2.15 Singapore cents.
Rental and other income was 1.6 per cent lower at S$28.86 million due to lower variable rental component for its Indonesia properties, while net property and other income dipped 0.8 per cent to S$28.3 million. The distributable amount was 0.9 per cent higher at S$17.17 million.For full year, rental and other income edged down 0.8 per cent year on to year to S$115.3 million, while net property and other income was 1.3 per cent lower at S$112.89 million.
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