- 1Q 2011 DPU of 1.07 cents achieved, a 12.6% increase over 1Q 2010 and the highest quarterly DPU (post-rights issue) ever since IPO.
- On an annualised basis, the latest distribution represents a yield of 7.00% based on closing unit price of S$0.62 on 31 March 2011.
- Asset redevelopment of Wisma Atria and Starhill Gallery to enhance the quality and performance of the retail assets.
- As at 31 March 2011, Starhill Global REIT’s outstanding debt was S$840.4 million and the weighted debt maturity profile was approximately 2.9 years.
- Starhill Global REIT’s gearing level remained prudent at 30.2% and its interest cover ratio stood at a robust 4.6 times for the quarter ended 31 March 2011.
- The Books will close from 5pm on 5 May 2011 for the purpose of determining Unitholders’ entitlement to the distribution.
- The distribution will be paid on 31 May 2011.
- NAV per unit of $0.94 as at 31 May 2011.
The DPU for the reporting quarter is 1.07 cents and will be paid on 31 May 2011. Books closure is on 5 May 2011.
The DPU was 1.04 cent in the previous quarter.
Related Posts
- Results Release
- DPU History
- Starhill Global Q4 2010 Quarterly Earnings Report
- Starhill Global Q3 2010 Quarterly Earnings Report
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