Indicative DPU for the 9MFY2023 fell by 9.2% y-o-y to 11.795 cents while distributable income for the same period fell by 9.2% y-o-y to EUR66.3 million. That said, on a like-for-like basis, the indicative DPU for the 9MFY2023 fell by 4.1% y-o-y.
Cromwell European REIT (CEREIT) has reported an indicative distribution per unit (DPU) of 4.005 Euro cents (5.83 cents) for the 3QFY2023 ended Sept 30, 3.0% higher q-o-q. The q-o-q growth was largely due to the release of a tax accrual previously made in the Netherlands, which is now no longer required.
Distributable income for the 3QFY2023 stood at EUR22.5 million, 6.8% lower y-o-y but 3.0% higher q-o-q.
