distribution per unit (DPU)

SINGAPORE (June 20): OCBC has downgraded Ascendas REIT to “hold” from “buy” with an unchanged fair value estimate of $2.66 given valuations are no longer valuable at this juncture.

SINGAPORE (May 16): DBS Vickers is upgrading its call on Far East Hospitality Trust (FEHT) to “buy” from “hold”, raising its target price on the stock to 66 cents from 63 cents previously on expectations of a market recovery from 2018 onward.

SINGAPORE (May 2): The manager of Manulife US REIT has announced a distribution per unit (DPU) of 1.65 US cents (2.3 cents) for the first quarter ended March 31, exceeding its projected DPU of 1.52 US cents by 8.6%.

SINGAPORE (April 27): The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.86 cents for 4Q16/17, 3.3% higher from 1.80% in the same quarter a year ago.

SINGAPORE (April 27): The manager of AIMS AMP Capital Industrial REIT (AA REIT) has declared a distribution per unit (DPU) of 2.78 cents for the fourth quarter ended March 31, decline 5.8% from 2.95 cents in the same quarter a year ago.

SINGAPORE (April 26): The trustee-manager of Ascendas India Trust (a-iTrust) has declared a FY16/17 distribution per unit (DPU) of 5.69 cents for the full year ended March 31 as compared to a year ago  on record revenues.

SINGAPORE (April 26): DBS Vickers Securities continues to rate Frasers Centrepoint Trust (FCT) at “buy” with an unchanged target price of $2.20, commending the retail REIT’s stable 2Q DPU of 3.04 cents despite the lack of contributions over the quar

SINGAPORE (April 26): The manager of Suntec REIT has declared a 1Q17 distribution per unit (DPU) of 2.425 cents, up 2.3% as compared to the 2.371 cents posted in 1Q16.

SINGAPORE (April 25): Parkway Life REIT’s (PLife REIT) manager today posted a distribution per unit (DPU) of 3.28 cents for the first quarter ended March 31, up 9.6% from the 2.99 cents declared a year ago.

SINGAPORE (April 25): The manager of Cambridge Industrial Trust (CIT) has declared a 1Q17 distribution per unit (DPU) of 1.004 cent, a 9.7% decrease from 1.112 cent in the previous year.