Source: REITsWeek

Suntec REIT: Suntec REIT reports distributable income decline for FY2024 amid challenging conditions

Suntec REIT delivered a distributable income of SGD180.9 million for the financial year ended 31 December 2024, representing a 1.6% decline compared to FY2023. The REIT's distribution per unit (DPU) from operations stood at 6.192 cents, marking a 2.3% year-on-year drop. The absence of capital distributions further contributed to a total DPU decline of 13.2%.

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Annual Revenue
$100-500M
Employees
1.0-5.0K
Chong Kee Hiong's photo - CEO of Suntec REIT

CEO

Chong Kee Hiong

CEO Approval Rating

90/100

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