Excluding the release, the REIT’s DPU would have been 8.6% higher y-o-y.
The manager of Starhill Global REIT has reported a distribution per unit (DPU) of 2.02 cents for the 2HFY2022 ended June, down 2.4% from the DPU of 2.07 cents from the same period before.
The DPU in the 2HFY2021 includes the release of $4.6 million from the deferred distributable income from FY2020, which translates to 0.21 cents per unit.
