ESR Reit Q1 DPU jumps 18.9% to 1.007 S cents post-Viva Trust merger

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

INDUSTRIAL landlord ESR Reit saw an 18.9 per jump in distribution per unit (DPU) to 1.007 Singapore cents for its first quarter from 0.847 cent a year ago, on the back of contributions from Viva Industrial Trust's properties post-merger. Read more at The Business Times.

INDUSTRIAL landlord ESR Reit saw an 18.9 per jump in distribution per unit to 1.007 Singapore cents for its first quarter from 0.847 cent a year ago, on the back of contributions from Viva Industrial Trust's properties post-merger.

This growth was partially offset by the lease conversions from single to multi-tenancy for two properties.Total amount available for distribution to unitholders swelled 138.8 per cent to S$32 million from S$13.4 million.Portfolio occupancy forthe first quarter remained healthy at 92 per cent, above the JTC average of 89.3 per cent, said ESR Reit's manager.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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