Beyond 1.50, she may rise higher to revisit 1.55 and 1.60.
Pls dyodd.
Suntec REIT Achieves 24.8% Year-on-Year Increase in Distributable to $57.3 million.
For the period from 1 January to 31 March 2026 (“1Q 26”), 24.8% higher than the quarter ended 31 March 2025 (“1Q 25”).
Distribution per unit (“DPU”) to unitholders was 1.936 cents or 23.9% higher year-on-year.
The robust year-on-year improvement was driven by the stronger operational performance of the Singapore Office and Retail portfolio, lower financing costs as well as lower Australia withholding tax provision as the REIT retained the Australia Managed Investment Trust status1.
This more than offset the weaker performance of The Minster Building in London due to the lease expiry of a tenant in mid-June 2025.
...Suntec Reit - She is gaining strength likely to cross over 1.48 with ease and rises higher to test 1.50 and above.