First Real Estate Investment Trust's (SGX:AW9U) distribution per unit (DPU) fell 13% in the first half of the year to SG$0.0098 from SG$0.0113 a year earlier, according to a Wednesday filing with the Singapore Exchange.
Distributable amount declined by 13% to SG$20.8 million from SG$23.8 million a year ago.
Net property and other income dropped 8.1% to around SG$45 million from SG$48.9 million a year earlier.
Rental and other income was down 8.3% year over year to SG$46.3 million from SG$50.5 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments