- The distribution per unit for the quarter amounted to 2.388 Singapore cents. This translates to an annualised distribution yield of 6.4% based on the unit price of S$1.52 as at 20 April 2011.
- Gross office revenue contribution for the quarter was S$28.9 million from Suntec City Office Towers and Park Mall office.
- Gross retail revenue contribution for the quarter was S$32.1 million from Suntec City Mall, Park Mall and Chijmes. For 1Q FY11, the revenue contribution from Suntec REIT’s office and retail portfolio amounted to 47% and 53% of total revenue respectively.
- The committed occupancy of Suntec City office as at 31 March 2011 improved further to 99.5%, whilst Park Mall office achieved full occupancy.
- On the retail front, the committed occupancy of Suntec City Mall remained stable at 97.9% as at 31 March 2011, whilst Park Mall and Chijmes achieved committed occupancy of 100% and 97.8% respectively.
- For the jointly controlled entities, One Raffles Quay continued to be fully occupied whilst the committed occupancy for MBFC Properties stood at 97.4% as at 31 March 2011. Taking this into account, the overall committed occupancy for Suntec REIT’s office and retail portfolio strengthened to 99.7% and 98.2% respectively as at 31 March 2011.
- Suntec REIT’s Aggregate Leverage Ratio as at 31 Mar 2011 was 40.3%.
- NAV per unit of S$1.796 as at 31 March 2011.
- The Books will close from 5pm on 3 May 2011 for the purpose of determining Unitholders’ entitlement to the distribution.
- The distribution will be paid on 30 May 2011.
The DPU of 2.388 cents for the reporting quarter will be paid on 30 May 2011. Book closure is on 3 May 2011.
The DPU was 2.316 cents in the previous quarter.
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- Results Release
- DPU History
- SUNTEC Reit Q3 2010 Quarterly Earnings Report
- SUNTEC Reit Q4 2010 Quarterly Earnings Report
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