Revenue was 0.2% higher y-o-y at $53.0 million, mainly due to higher rental income from The Clementi mall and two months contribution from newly acquired The Rail Mall. This was however offset by lower rental income at Paragon.
SINGAPORE (Oct 12): Analysts are generally keeping a positive stance on SPH REIT following its results announcement yesterday.
The REIT posted a DPU of 1.43 cents for 4Q18, a slight increase from 1.42 cents in 4Q17. This brings FY18 DPU to 5.54 cents, 0.2% higher compared to 5.53 cents in FY17.
