Brief: Suntec REIT Says Suntec Singapore’s FY20 Income Contribution To Co Will Be Reduced
Oct 22 (Reuters) - Suntec Real Estate Investment Trust
SUNT.SI :
* Q3 OFFICE TOTAL NPI S$64.9 MILLION, UP 11.3%
* Q3 DPU 1.848 CENTS
* PORTFOLIO OCCUPANCY IN SINGAPORE EXPECTED TO REMAIN ABOVE
MARKET
RANGE OF 93%
* FOR SINGAPORE OFFICE PORTFOLIO, POSITIVE RENT REVERSION IS
LIKELY TO BE MODERATE IN 4Q 2020
* SUNTEC SINGAPORE’S INCOME CONTRIBUTION TO SUNTEC REIT WILL
BE
SIGNIFICANTLY REDUCED FOR FY 2020
Source text for Eikon: ID:nSNZ7QStNY
Further company coverage: SUNT.SI
(Reporting by Yamini C S)
((Yamini.CS@thomsonreuters.com;))
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