Distributable income from operations fell by 14.8% y-o-y to $46.2 million. DPU from its operations fell by 15.3% y-o-y to 1.595 cents.
Suntec REIT has reported a distribution per unit (DPU) of 1.793 cents for the 3QFY2023 ended Sept 30. The quarter’s DPU is down by 14.0% y-o-y but up by 3.1% q-o-q. Unitholders will receive their distributions on Nov 29.
Similarly, the REIT’s 3QFY2023 distributable income of $52.0 million fell by 13.3% y-o-y but rose by 3.6% q-o-q.
