Gross revenue grew by 16% to $31.2 million over the quarter, from $26.9 million in 2Q16.
SINGAPORE (Aug 1): The manager of OUE Hospitality Trust (OUE HT), a stapled group comprising OUE Hospitality REIT and OUE Hospitality Business Trust, has announced a distribution per stapled security (DPS) of 1.21 cents for the second quarter ended June – up 31.5% from DPS of 0.92 cents in the same period a year ago.
This brings the trust’s DPS for the first half of 2017 to 2.51 cents, 24.3% higher as compared to 2.02 cents DPS for 1H16.
