For the same period, the REIT’s distributable income from operations stood at $46.2 million, which was in line with 3QFY2023.
Suntec REIT reported a distribution per unit (DPU) from operations of 1.58 cents in 3QFY2024 ended Sepmteber, down by 0.9% y-o-y. With the absence of capital distribution in 3QFY2024, DPU also declined by 11.2% y-o-y.
This came on the back of vacancies at 55 Currie Street in Australia and The Minster Building in London.
