Distribution per unit (“DPU”) to unitholders was 3.936 cents or 24.8% 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 absence of a one-off compensation recorded in 1H 25 from the surrender of 3 floors at 177 Pacific Highway in Sydney which have since been backfilled and the weaker performance of The Minster Building in London due to the lease expiry of a tenant in mid-June 2025. Mr. Chong Kee Hiong, Chief Executive Officer of the Manager, said, “The results reflect Suntec REIT’s sound fundamentals, underpinned by our diversified portfolio of high-quality assets and resilient income streams. The strong performance of Suntec City Mall, enhanced by incremental revenue and income from completed asset enhancement initiatives, demonstrates our proactive approach to portfolio management.