In the six months ended June 30, the amount available for distribution to unitholders surpassed its expectations by 9.6% to SG$60.5 million. Distribution per unit was SG$0.03499, compared with its forecast of SG$0.03192.
Meanwhile, net property income came in 4.3% higher than expected at SG$78.4 million.
Looking ahead to the second half, the real estate investment trust expects gross revenue to also surpass its prospectus forecast.
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