Sunway Real Estate Investment Trust (Sunway REIT) has announced a distribution income of RM53.6 million in the second quarter 2012 for the financial year ending June 2012.
In a statement today, the manager of Sunway REIT, Sunway REIT Management Sdn Bhd said the result represented an increase of 14.1 per cent compared to the corresponding quarter of the preceding year.
"This also translates into a record high in quarterly distribution per unit (DPU) of 1.99 sen. On a year-on-year basis, the DPU rose 13.7 per cent in the second quarter 2012 from the 1.75 sen declared for the period October-December
2010," it added.
Sunway REIT Management said the high quarterly DPU of 1.99 sen to their unit holders was on the back of a strong performance from the initial portfolio and positive contribution from Sunway Putra Place.
"We endeavour to continue to enhance unit holders’ value by striving to achieve sustainability in income and growth.
"Sunway REIT’s unit price has appreciated by 12.6 per cent year-to-date second quarter 2012, bringing a total return of 18.5 per cent for the six months period from July 2011," it added. -- Bernama
In a statement today, the manager of Sunway REIT, Sunway REIT Management Sdn Bhd said the result represented an increase of 14.1 per cent compared to the corresponding quarter of the preceding year.
"This also translates into a record high in quarterly distribution per unit (DPU) of 1.99 sen. On a year-on-year basis, the DPU rose 13.7 per cent in the second quarter 2012 from the 1.75 sen declared for the period October-December
2010," it added.
Sunway REIT Management said the high quarterly DPU of 1.99 sen to their unit holders was on the back of a strong performance from the initial portfolio and positive contribution from Sunway Putra Place.
"We endeavour to continue to enhance unit holders’ value by striving to achieve sustainability in income and growth.
"Sunway REIT’s unit price has appreciated by 12.6 per cent year-to-date second quarter 2012, bringing a total return of 18.5 per cent for the six months period from July 2011," it added. -- Bernama
