SPH Reit 'responding to retail challenges', News, News, AsiaOne Business News: "SPH Reit delivered a distribution of 5.47 cents to unitholders for the full year ended Aug 31, which translates to a distribution yield of 5.7 per cent, based on the closing price of 96 cents as at Aug 31.
This was 0.7 per cent higher than last year's distribution.
Gross revenue was up 1.4 per cent at S$205.1 million, while net property income rose 3.3 per cent to S$155.6 million.
The Reit's portfolio was valued at $3.21 billion as at Aug 31 - 1.7 per cent higher than last year's valuation of $3.16 billion."
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