Suntec REIT NPI down 1.4% to $240.98m in 2018

Submitted By:  Luz Wendy Noble Case Study:  No DPU dipped 0.02% to $0.999. Suntec REIT saw its net property income decrease 1.4% YoY to $240.98m in 2018 from $244.46m in 2017, an announcement revealed. Despite this, the REIT’s revenue grew 2.6% YoY to $363.50m. In their financial report, Suntec REIT also revealed that their distributable income for the whole of 2018 rose 1.4% YoY to $266.81m from $263.02m in 2017. Its distribution per unit (DPU) however dipped by 0.02% to $0.999 from $0.1000 read more