The increase was mainly led by an acquisition, rental growth of existing properties, and financing cost savings.
SINGAPORE (Apr 26): The manager of ParkwayLife Real Estate Investment Trust (PLife REIT) has announced distribution per unit (DPU) of 3.28 cents for the 1Q19 ended March, some 3.5% higher than DPU of 3.17 cents in the corresponding quarter a year ago.
Total distributable income to unitholders was 3.5% higher at $19.8 million, compared to $19.2 million a year ago.
