Excluding these new rights units issued, the adjusted DPU for 9MFY2021 is 3.83 cents, up 15.7% y-o-y. Meanwhile, the 3QFY2021 ended September DPU is 0.65 cents.
The manager of First REIT has announced a 1.95 cents distribution per unit (DPU) for 9MFY2021, down 41.1% y-o-y from 3.31 cents previously.
The decline is mainly due to the issuance of 791 million rights units on Feb 24, which are entitled to participate in the 1Q, 2Q and 3Q2021 distribution.
