Net property income (NPI) registered a 14.3% increase over 4Q to $20.7 million from $18.1 million a year ago.
SINGAPORE (Jan 26): The manager of Viva Industrial Trust (VIT) has posted a 4Q17 distribution per share (DPS) of 1.857 cents, up 5.5% from 1.760 cents in 4Q16.
Gross revenue for the quarter grew 10.8% to $28.3 million in 4Q17 from $25.6 million a year ago, mainly due to additional rental contributions from 6 Chin Bee Avenue, which was acquired on 16 Jan last year, as well as higher rental and other income contributions from Viva Business Park and UE BizHub EAST (UEBH).
