Apr 24, 2019
ESR Reit Q1 DPU jumps 18.9% to 1.007 S cents post-Viva Trust merger
ESR Reit Q1 DPU jumps 18.9% to 1.007 S cents post-Viva Trust merger
Wed, Apr 24, 2019 – 9:18 AM
INDUSTRIAL landlord ESR Reit saw an 18.9 per cent jump in distribution per unit (DPU) to 1.007 Singapore cents for its first quarter from 0.847 cent a year ago, on the back of contributions from Viva Industrial Trust’s properties post-merger.
Net property income (NPI) for the three months to end-March surged 104.2 per cent to S$ 48.6 million from S$ 23.8 million a…
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