REIT Financial News - Q2 2010 Quarterly Earnings Report for Plife

Second quarter 2010 results for Plife:

• Press Release
• Financial Statements
• Presentation Slides

Key Points

• Distribution per unit (“DPU”) for the quarter at 2.09 cents.
• Gross revenue increased 16.4% and 15.3% for 2Q 2010 and 1H 2010 respectively.
• DPU increased 10.9% and 10.3% for 2Q 2010 and 1H 2010 respectively.
• Minimum guaranteed rent for Singapore Hospital Properties to grow by 1.73% for fourth year of lease term commencing 23 August 2010.
• Continues to strengthen balance sheet and unlock value from existing portfolio for growth .

Author's Note
The quarterly DPU for 2Q 2010 of 2.09 cents will be paid on 9 Sep 2010, with the book closure date on 17 Aug 2010.

The DPU was the 2.07 cents for the previous quarter.