Gross revenue declined by 2.3% y-o-y in the 2QFY2021 to $29.6 million and by 1% y-o-y in the 1HFY2021 to $59.6 million. The manager attributes the decline to the loss of income from the divestment of non-core property in Japan in January, as well as the depreciation of the Japanese yen.
Parkway Life REIT (PLife REIT) has posted 2QFY2021 ended June distribution per unit (DPU) of 3.38 cents, up 0.7% y-o-y from 3.36 cents previously.
This brings its 1HFY2021 DPU to 6.95 cents, up 4% y-o-y from 6.68 cents previously.
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