Distribution per unit (DPU) rose 4.9% y-o-y to 1.28 pence in 1QFY2022 from 1.22 pence in 1QFY2021.
Analysts are generally positive on Elite Commercial REIT (ECREIT), considering the growths in its revenue and distributable income for the 1QFY2022 ended March.
During the quarter, the REIT saw revenue increase by 39.4% y-o-y to £9.2 million ($15.8 million). Distributable income during the same period increased by 36.2% y-o-y to £6.1 million.
