Source : Channel NewsAsia, 22 October 2007
Singapore's first healthcare real estate investment trust, First REIT, has reported a third-quarter distributable income of S$4.68 million.
That exceeded its own forecast by 7.5 percent.
It works out to a distribution per unit (DPU) of 1.72 cents.
Revenue was also better than expectations - coming in at S$7.02 million.
First REIT invests in assets that are primarily used for healthcare. - CNA/ms
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