The manager says it has retained some $3.8 million of 2H19/20 income available for distribution for capital working purposes. Some $7.7 million of distributable income for the same period has also been deferred.
The manager of Starhill Global REIT has announced distribution per unit (DPU) of 0.70 cents for the 2H19/20, some 68.2% lower than the 2.20 cents posted a year ago.
For the full year ended June, DPU came in at 2.96 cents, a 33.9% decline from the 4.48 cents in FY18/19.
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