OUE REIT's (SGX:TS0U) distribution per unit, or DPU, rose 10.6% to SG$0.0125 in the second half of the year ended Dec. 31, 2025, from SG$0.0113 a year earlier, according to a Monday filing with the Singapore Exchange.
Shares of the REIT were up 3% in Tuesday trading.
Amount available for distribution rose by 16% to SG$69.4 million from SG$59.9 million a year earlier.
Net property income, however, declined 2.3% to SG$114.2 million from SG$116.9 million a year ago. Revenue also dropped 4.2% year over year to SG$142.5 million from SG$148.8 million, mainly because of the absence of revenue contributions from Lippo Plaza Shanghai.
Furthermore, the reit's office portfolio committed occupancy inched up 0.1 percentage quarter-on-quarter to 95.4% as of Dec. 31, 2025. Meanwhile, the valuation of OUE REIT's properties decreased by 1.2% on year to SG$5.08 billion, the filing showed,.