The higher DPUs were attributable to the higher gross revenue and net property income (NPI) for both periods. They were also partly offset by the full-year impact in the amount reserved for distribution to the REIT’s perpetual securities holders, higher borrowing costs and other trust expenses.
AIMS APAC REIT (AA REIT) (SGX:O5RU
) has reported a distribution per unit (DPU) of 5.244 cents for the 2HFY2023 ended March 31, 11.3% higher y-o-y.
This brings its FY2023 DPU to 9.944 cents, 5.1% higher y-o-y.
