SUNTEC Reit Q3 2010 Quarterly Earnings Report

Q3 2010 results for SUNTEC Reit:

• Press Release
• Financial Statements
• Presentation Slides

Key Points

• DPU for the reporting quarter is 2.502 cents.
• This is an annualised yield of 6.6% based on closing unit price of S$1.51 on 30 September 2010.
• The committed occupancy for the overall office portfolio strengthened further to 98.5%.
• Gearing level of 32.9% as at 30 September 2010.
• Net asset value per unit of S$1.828 as at 30 September 2010.
• The Books will close from 5pm on 3 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. 
• The distribution will be paid on 29 November 2010. 

Author's Note
The DPU of 2.502 cents will be paid on 29 Nov 2010. Books closure is on 3 Nov 2010.

DPU was 2.528 cents in the previous quarter.