Net property income for the REIT in the same period was US$50.8 million, up 9.7% y-o-y; revenue was up 13.5% y-o-y to US$81.8 million, led by contributions from two acquisitions made in July 2021, Sorrento Towers and One Tower Center.
Prime US REIT, which holds a portfolio of 14 US office properties worth US$1.7 billion, has reported a distribution unit of 3.52 cents for 1HFY2022 ended June, up 5.7% y-o-y.
The distribution will go ex on Aug 11 and be paid on Sept 26.
