Gross revenue rose 4.8% in 4Q to $16.7 million from $15.8 illion previously on higher rental reversion and increase in occupancy recorded in BHG REIT’s three multi-tenanted malls in China.
SINGAPORE (Feb 23): The manager of BHG Retail REIT has declared a 4Q distribution per unit (DPU) of 1.32 cents, up 0.8% from its DPU of 1.31 cents in 4Q16.
This brings the REIT’s DPU for the full year up 2.8% to 5.47 cents from 5.32 cents in FY16, the REIT’s inaugural year.
