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Starhill Global REIT posts 1.7% drop in 1Q DPU to 1.13 cents

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
Starhill Global REIT posts 1.7% drop in 1Q DPU to 1.13 cents
SINGAPORE (Oct 30): The manager of Starhill Global Real Estate Investment Trust (SGREIT) has announced distribution per unit (DPU) of 1.13 cents for the 1Q19/20 ended September, some 1.7% lower than DPU of 1.15 cents a year ago.
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SINGAPORE (Oct 30): The manager of Starhill Global Real Estate Investment Trust (SGREIT) has announced distribution per unit (DPU) of 1.13 cents for the 1Q19/20 ended September, some 1.7% lower than DPU of 1.15 cents a year ago.

Income available for distribution fell 3.4% to $25.3 million in 1Q19/20, compared to $26.2 million a year ago.

Excluding around $0.7 million retained for working capital purposes, income to be distributed to unitholders is 1.6% lower at $24.7 million.

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