Distributable income for 2HFY2020 stood 2.9% higher than forecast at £8.34 million, while FY2020 distributable income was 2.1% higher than forecast at £14.8 million.
The manager of Elite Commercial REIT reported distribution per unit of 2.49 pence (4.53 cents) for the 2HFY2020 ended December, some 2.9% higher than its forecast of 2.42 pence.
This brings FY2020 DPU – from the period of Feb 6, 2020, to Dec 31, 2020 – to 4.44 pence, or 2.3% higher than its forecast of 4.34 pence.
