Brief: Sph REIT Posts Net Property Income For Q2 S$56.5 Million, Up 23.3%

Paragon REIT

01/04/2020 13:18

April 1 (Reuters) - SPH REIT  SPHR.SI :
    * NET PROPERTY INCOME FOR Q2 WAS S$56.5 MILLION, UP 23.3%
    * Q2 FY2020 DPU OF 0.30 CENTS
    * WITH STRICTER MEASURES ROLLED OUT TO CONTROL SPREAD OF
COVID-19,
RETAIL AND F&B BUSINESSES ARE SIGNIFICANTLY IMPACTED
    * SPH REIT'S ASSETS IN AUSTRALIA IMPACTED BY COVID-19
    * WILL EVALUATE NEED FOR A SUPPORT PACKAGE TO HELP ITS
TENANTS IN
ITS TWO AUSTRALIAN ASSETS
    * IN FEB & MARCH, TENANT REBATES AMOUNTING TO ABOUT S$4.6
MILLION
GRANTED TO AFFECTED TENANTS

Source text for Eikon:  ID:nSN5FMkHr 
Further company coverage:  SPHR.SI 

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