First REIT 3Q DPU falls 53% to 1.01 cents on enlarged unit base

The manager of First REIT posted distribution per unit of 1.01 cents for the 3QFY2020 ended Sept 30, down 53% from the DPU of 2.15 cents posted in the year before, due to an enlarged unit base.

For the quarter, the number of units were up 1.5% y-o-y at 807.2 million, compared to the 795.3 million a year ago.