According to the REIT manager, the higher DPU was due to an 8.3% y-o-y increase in distributable income from operations and a capital distribution of $5.8 million.
The manager of Suntec REIT has reported a distribution per unit (DPU) of 2.391 cents for the 1QFY2022 ended March, 16.9% higher y-o-y.
The REIT’s distributable income stood 18.2% y-o-y higher at $68.7 million.
