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BHG Retail REIT reports higher DPU for FY2024 of 0.50 cents, a 16.3% y-o-y increase

Nicole Lim
Nicole Lim • 2 min read
BHG Retail REIT reports higher DPU for FY2024 of 0.50 cents, a 16.3% y-o-y increase
The increase in DPU was due to lower financial costs. Gross revenue dipped slightly due to weakening of the RMB against the Singapore dollar, but in RMB terms gross revenue grew.
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BHG Retail REIT has reported a distribution per unit (DPU) for the FY2024 ended Dec 31, 2024 of 0.50 cents, a 16.3% y-o-y increase. 

The REIT’s DPU for 2HFY2024 increased to 0.25 cents. 

Gross revenue for the FY2024 decreased marginally to $61 million, as well as net property income, which decreased to $32.8 million for the reporting period. 

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