Brief: Suntec Real Estate Investment Trust Says Dpu Was 1.760 Singapore Cents For 1Q 2020

Suntec Real Estate Investment Trust

22/04/2020 02:32

April 22 (Reuters) - Suntec Real Estate Investment Trust
 SUNT.SI :
    * DPU WAS 1.760 CENTS FOR 1Q 2020
    * DISTRIBUTABLE INCOME FROM OPERATIONS OF S$55.1 MILLION,
DOWN
6.5%
    * RENT REVERSION IS EXPECTED TO REMAIN POSITIVE FOR REST OF
YEAR
    * TENANT RELIEF MEASURES WILL IMPACT MALL'S RENTAL REVENUE
FOR
2020
    * SUNTEC CITY MALL IS EXPECTED TO REGISTER A SUBSTANTIAL
DECLINE
IN SHOPPER TRAFFIC IN Q2 OF 2020
    * TENANT RELIEF MEASURES WILL IMPACT MALL'S RENTAL REVENUE
FOR
2020

Source text for Eikon:  ID:nSN5PCPZD 
Further company coverage:  SUNT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))