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OUE Commercial REIT 2Q DPU drops 7.8% to 1.06 cents

Samantha Chiew
Samantha Chiew • 2 min read
OUE Commercial REIT 2Q DPU drops 7.8% to 1.06 cents
SINGAPORE (Aug 2): The manager of OUE Commercial Real Estate Investment Trust (OUE C-REIT) reported 2Q18 DPU dropped 7.8% to 1.06 cents, compared to 1.15 cents in 2Q17.
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SINGAPORE (Aug 2): The manager of OUE Commercial Real Estate Investment Trust (OUE C-REIT) reported 2Q18 DPU dropped 7.8% to 1.06 cents, compared to 1.15 cents in 2Q17.

This brings DPU for 1H18 to 2.18 cents, 8.4% lower than 2.38 cents in 1H17.

Revenue for the quarter came in at $43.1 million, 2.6% lower than $44.2 million a year ago.

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