ESR-REIT reports 8.1% rise in core DPU in 1H2025

ESR-REIT's distribution per unit (DPU) was unchanged y-o-y at 11.239 cents for 1HFY2025 ended June 30.

Of this, core DPU rose by 8.1% to 10.765 cents (which accounts for 96% of total DPU). The total DPU increase took into account a 4.4% increase in the number of units to 802.1 million, mainly due to the preferential offering completed in 4QFY2024 for the acquisitions of 20 Tuas South Avenue 14 and ESR Yatomi Kisosaki Distribution Centre, partially offset by the unit buy-backs completed in 1HFY2025.