Suntec Reit has just announced their 1Q result today. Gross revenue was up 20.1% y-o-y to $73.3mil. A quarterly dividend of 2.453 cents will be distributed on 29 May 2012.
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Some quick numbers of Suntec’s result:
- Gross revenue – $73.3 mil (20.1% increase y-o-y)
- Net property income – $49.0 mil (5.0% increase y-o-y)
- Distribution income – $54.9 mil (3.8% increase y-o-y)...