The lower 2QFY2022 DPU was due to the 6.5% y-o-y decline in distributable income of $20.3 million mainly due to the impact of Covid-19 lockdowns in China from mid-March to mid-May.
The manager of Sasseur REIT has reported a distribution per unit (DPU) of 1.588 cents for the 2QFY2022 ended June, 1.6% lower y-o-y.
This brings the REIT’s 1HFY2022 DPU to 3.410 cents, up by 1.1% y-o-y and the highest first half DPU in four years.
