Gross revenue is down 0.2% to $236m versus $237m last year.
Net property income edged up 0.1 per cent to S$179.4 million from S$179.2 million.
Distributable income declined 3.5 per cent year on year to S$110.8 m versus $114.8m last year.
DPU is down 4.1% to 2.09 cents mostly due to high finance costs and forex exchange losses for Japan and China side.
Gearing is of 40.5%.
Occupancy rate is 94%.
The divestment of Mapletree Anson, which is scheduled to be finalised on Wednesday will help to pare down debts and bring down the Gearing to 37.6% and a bit cater for dpu payout.
XD 6th August.
Pay date 12th September.
The dpu is below my expectations of 2.3 cents.
Pls dyodd....
