The decline was a result of the depreciation in Indonesia Rupiah against the Singapore Dollar and the divestment of Imperial Aryaduta Hotel & Country Club, while partially offset by higher rental income in local currency terms from Indonesia and Singapore properties.
First REIT (SGX:AW9U
) has reported a distribution per unit (DPU) of 2.17 cents for FY2025 ended Dec 31, which was down 8.1% y-o-y.
The REIT’s rental and other income declined 1.6% y-o-y to $100.5 million in FY2025, and net property and other income fell 1.1% y-o-y to $97.3 million.
