Decline in rental and other income was mainly due to the depreciation of Indonesian Rupiah against the Singapore dollar, which was partly offset by higher rental income in local currency terms from Indonesia and Singapore properties.
First REIT has reported a distribution per unit (DPU) of 0.52 cents for the 3QFY2025 ended Sept 30, and a DPU of 1.65 cents for the 9MFY2025 down 7.3% y-o-y.
The REIT’s rental and other income declined 2% y-o-y to $75.5 million in 9MFY2025, and net property and other income fell 1.4% y-o-y to $73.3 million in the reporting period.
