DPU - $0.01849
Yield - 9.3%
NAV - $0.83
Gearing - 38.9%
Current price - $0.8
Highlights are:
- DPU for the second quarter of this year climbed to 1.849 Singapore cents which is 7.3% higher than that in Q2 2014.
- 14.3% gain in distributable income to S$11.76 million over the same period.
- Net property income jumped 19.3 per cent to S$12.2 million and gross revenue expanded 17.1% to S$17.82 million.
- Proposed acquisition of a property at 30 Pioneer Road.
Summary
Looks like the acquisition of Jackson Square and Jackson Design Hub have really paid off. I am considering to add more into my holding before the ex-date since the price hasn't risen much even though Viva Industrial Trust has been doing quite well. I am not sure if I have miss something but feel free to let me know if there is.
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