United Hampshire US REIT's DPU Declines 4% in H2

MT Newswires
02-20

United Hampshire US REIT's (SGX:ODBU) distribution per unit or DPU slid 4.2% in the second half of 2024 to $0.0205 from $0.0214 a year earlier, according to a filing with the Singapore Exchange on Wednesday.

Distributable income was down by 6.8% to $12.8 million from $13.7 million a year earlier.

Net property income declined 1.6% year over year to 24.4 million from $24.8 million.

Gross revenue was marginally higher at $36.4 million from $36.2 million a year earlier.

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