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08-06

Wow. DPU so low. [Spurting]  

@Sporeshare：
$Lendlease Reit(JYEU.SI)$ Lendlease Reit - 2nd Half results is out! DPU was 1.77 cents, 21.2% lower than 2.25 cents the previous year. The lower DPU was primarily driven by higher borrowing costs. XD 13th August, Pay date 26th September. Gearing 40.9 percent. I THINK Results seem no good! ICR 3.2x. Occupancy rate is 89.1%. Gross revenue and NPI for 2HFY2024 were 2.1% and 7.2% lower y-o-y at $71.9 million and $101.0 million. Building 3 post the lease restructure. Including the support from the supplementary rent, on a proforma basis, gross revenue was 1.4% higher while NPI was 2.6% lower due to higher property operating expenses Pls dyodd. https://sporeshare.blogspot.com/2024/08/lendlease-reit-2nd-half-results-is-out.html
$Lendlease Reit(JYEU.SI)$ Lendlease Reit - 2nd Half results is out! DPU was 1.77 cents, 21.2% lower than 2.25 cents the previous year. The lower DPU was primarily driven by higher borrowing costs. XD 13th August, Pay date 26th September. Gearing 40.9 percent. I THINK Results seem no good! ICR 3.2x. Occupancy rate is 89.1%. Gross revenue and NPI for 2HFY2024 were 2.1% and 7.2% lower y-o-y at $71.9 million and $101.0 million. Building 3 post the lease restructure. Including the support from the supplementary rent, on a proforma basis, gross revenue was 1.4% higher while NPI was 2.6% lower due to higher property operating expenses Pls dyodd. https://sporeshare.blogspot.com/2024/08/lendlease-reit-2nd-half-results-is-out.html

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