Brief: Suntec REIT Posts Six-Month Net Property Income Of S$162.8 Million, Up 14.7%

Suntec Real Estate Investment Trust

20/01/2023 01:28

Jan 20 (Reuters) - Suntec Real Estate Investment Trust
 SUNT.SI :
    * SIX-MONTH NET PROPERTY INCOME S$162.8 MILLION, UP 14.7%
    * SIX-MONTH GROSS REVENUE S$223.7 MILLION, UP 16.9 %
    * DISTRIBUTION PER UNIT TO UNITHOLDERS OF 8.884 SG CENTS FOR
FY 22
    * REVENUE OF SINGAPORE OFFICE PORTFOLIO EXPECTED TO
STRENGTHEN ON
PAST QTRS OF POSITIVE RENT REVERSION
    * GROWTH OF TENANT SALES EXPECTED TO SLOW DOWN IN 2023 FOR
SUNTEC
CITY MALL

Source text for Eikon:  ID:nSN7j77Rw 
Further company coverage:  SUNT.SI 
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