First Reit Q3 2010 Quarterly Earnings Report

Q3 2010 results for First Reit:

• Press Release
• Financial Statements
• Presentation Slides

Key Points

• DPU for the reporting quarter is 1.94 cents. 
• Based on its annualised DPU of 7.70 Singapore cents and the closing
  price of S$0.95 on 20 October 2010, First REIT achieved a distribution yield of 8.1%.
• Continued focus on asset enhancements to drive revenue and growth.
• Acquisition growth is expected to gain momentum.
• The Books will close from 5pm on 1 November 2010 for the purpose of determining Unitholders’ entitlement to the distribution. 
• The distribution will be paid on 29 November 2010. 
• The ex-dividend date will be on 28 October 2010 at 9.00am.

Author's Note
The DPU of 1.94 cents will be paid on 29 Nov 2010. Books closure is on 1 Nov 2010.

DPU was 1.92 cents in the previous quarter.