SPH Reit:2.1 per cent rise in distribution per unit to 1.46 Singapore cents for the fourth quarter
ended Aug 31, up from 1.43 cents a year ago. Gross revenue rose 10.2 per cent year on year to S$58.37 million on the back of contributions from The Rail Mall in Singapore and Figtree Grove Shopping Centre in Australia, which were acquired in June and December last year respectively. Units in SPH Reit closed unchanged at S$1.11 on Thursday.from a more than twice oversubscribed preferential offering, with no additional units alloted beyond the original amount it had set out to raise.
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