shit reit. others have stabilised and this one is still free falling in distribution
Suntec REIT's (SGX:T82U) distributable income to unitholders was down nearly 13% year over year to SG$44.0 million from SG$50.3 million in Q1, according to a filing with the Singapore Exchange on Monday.
Distribution per unit was down 13% year over year to SG$0.01511 from SG$0.01737.
Net property income came in at $73.4 million, compared with SG$76.3 million in the year-ago period. The Reit reported stronger operating performance from Suntec City Office, Mall and Suntec Convention but lower contributions from properties in Australia and London.
The company's office portfolio occupancy stood at 95.1% while retail portfolio's occupancy was at 95.5%.
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韭菜小散户 : Really shit already….
103138869 OP : mapletree reits and frasers logs as shit as this. lol