First Reit DPU down 6.1% in 9M

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First Reit DPU down 6.1% in 9M
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pstrongThe current distribution per unit (DPU) declined to 1.86 cents./strong/p pSGX-listed First Reit's DPU dropped 6.1% to 1.86 cents in 9M 2023 from 1.98 cents in the same period last year./p pIn a bourse filing, the real estate investment trust said the DPU was at 0.62 cents for the third quarter of 2023.

SGX-listed First Reit's DPU dropped 6.1% to 1.86 cents in 9M 2023 from 1.98 cents in the same period last year.

Meanwhile, rental and other income grew 0.6% year-on-year to $81.4m in 9M 2023 following the acquisition of 12 Japanese nursing homes in March 2022 and two other nursing homes in September 2022. First Reit is targeting developed markets to be included in more than 50% of its portfolio by fiscal year 2027....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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