9MFY2023 rental and other income rose by 0.6% y-o-y to $81.4 million mainly due to the acquisition of the Japan nursing homes in March 2022 and September 2022. Rental and other income from Indonesia in the 9MFY2023 fell 1.0% y-o-y to $55.2 million due mainly to currency translation impact.
First REIT has reported a distribution per unit (DPU) of 1.86 cents for the 9MFY2023 ended Sept 30, 6.1% lower y-o-y.
The REIT’s 3QFY2023 DPU of 0.62 cents stood stable for the past two quarters. The DPU will be paid out on Dec 22.
