First Reit – SGX
First REIT’s Q4 distributable income of 1.76 cents per units outperforms forecast by 9.3%
- Q4 net property income exceeds forecast by 18.6% with the addition of four new healthcare properties
- Full-year DPU of 6.73 Singapore cents translates to distribution yield of 9.0% – one of the highest amoung Singapore REITs
- Portfolio expansion to continue with China MOUs
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