Prime US REIT, which has a high-quality office portfolio in the US, listed on the Singapore Exchange (SGX) on July 19, 2019.
The manager of Prime US REIT has reported distribution per unit (DPU) of 3.42 US cents (4.53 cents) for the 2HFY2020 ended December, outperforming its IPO forecast of 3.35 US cents by 2.1%.
FY2020 DPU stood at 6.94 US cents, surpassing its IPO forecast of 6.70 US cents by 3.6%.
