DPU for the 4QFY2022 stood at 1.302 cents, 31.5% lower y-o-y, as distributable income (before the retention of $3.9 million) fell by 21.2% y-o-y to $19.9 million. This was mainly due to the effect of Covid-19 outbreaks in China during the period, which led to mandated temporary closures and shorter operating hours in the REIT’s malls.
Sasseur REIT (SGX:CRPU
) has reported a distribution per unit (DPU) of 3.14 cents for the 2HFY2022 ended Dec 31, 2022, 15.8% lower than the DPU of 3.731 cents in the same period the year before.
The REIT’s DPU for the FY2022 came to 6.55 cents, 7.8% lower than FY2021’s DPU of 7.104 cents.
