Suntec REIT 1H FY26 distributable income rises 25.5% to $116.5 million; DPU increases 24.8% to 3.936 cents
Reuters2026/07/23 12:19By:Reuters
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- Suntec REIT distributable income climbed 25.5% year on year to SGD 116.5 million for 1H 2026; DPU rose 24.8% to 3.936 cents.
- Gains were driven by stronger Singapore office and retail performance, lower financing costs, lower Australia withholding tax provision on retained MIT status.
- Growth was partly offset by no repeat of a 1H 2025 one-off compensation at 177 Pacific Highway; The Minster Building weakened on a tenant lease expiry.
- CEO Chong Kee Hiong cited Suntec City Mall’s stronger showing, supported by completed asset enhancement initiatives, as the group targets sustainable growth.
- Outlook points to resilient Singapore office and retail demand, stable Suntec Convention income, steady Australia performance, improved leasing at The Minster Building.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suntec Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ALCNX7KYZ7OBYT5J) on July 23, 2026, and is solely responsible for the information contained therein.
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