Shares & Derivatives
EzHuat’s take on Viva Industrial Trust Q2 results
By Triple Huat  •  August 7, 2017
Viva Industrial Trust ('VIT') is a Singapore-focused business park and industrial real estate investment trust. Its portfolio focuses predominantly on business parks and industrial properties in Singapore. Here is a summary of the Q2 report card: (i) Distribution Per Unit (DPU) achieved a 6.3% hike to 1.861 Singapore cents. (ii) VIT's gross revenue also grew 18.0% to $27.6m, partly driven by a $2.3m increase in contributions from Viva Business Park (VBP) and a $1.9m contribution from the Chin Bee acquisition. (iii) Its Net Property Income (NPI) rose 17.5% to $20.2m from a year ago. (iv) Occupancy at VIT's Jackson Square reported occupancy of 89% with >70 sq ft new leases signed (v) Completion of Downtown Line interchange at Expo MRT in late Oct 2017 will potentially spur increase in rental reversions. As a result of VIT's relatively good results, its share price has seen a good upward momentum ......
Read the full article
By Triple Huat
This blog documents the investment journeys of three young Singaporeans who aim to achieve financial prosperity. This platform is for sharing, exchanging views and mutual learning. We aspire to inspire like-minded people to join us in achieving positive returns through simple, prudent and strategic investments. Since good things come in threes, we've named this blog Triple Huat - 'huat' is dialect for prosperity! With this rally call, we hope all of us can huat ah huat ah huat ah!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance