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Starhill Global REIT reports 2HFY2022/2023 DPU of 1.98 cents, down 2.0% y-o-y

Felicia Tan
Felicia Tan • 3 min read
Starhill Global REIT reports 2HFY2022/2023 DPU of 1.98 cents, down 2.0% y-o-y
Wisma Atria, which is part of the REIT's portfolio.
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Starhill Global REIT (SGX:P40U) has reported a distribution per unit (DPU) of 1.98 cents for the 2HFY2022/2023 ended June 30, 2.0% lower than the DPU of 2.02 cents in the same period the year before.

This brings the REIT’s DPU for the FY2022/2023 to 3.80 cents, unchanged on a y-o-y basis.

2HFY2022/2023 gross revenue fell by 2.5% y-o-y to $93.0 million while net property income (NPI) fell by 2.0% y-o-y to $73.6 million.

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