About the Trust

Financial Highlights

Key Financial Figures

For the second quarter ended 30 June 2017
S$'000 2Q 2017 1Q 2017 Variance (%) 2Q 2017 2Q 2016 Variance (%)
Gross revenue 21,964 21,978 (0.1) 21,964 22,630 (2.9)
Net property income ("NPI") 12,933 13,335 (3.0) 12,933 13,965 (7.4)
Income available for distribution 8,568 9,318 (8.0) 8,568 9,063 (5.5)
Distribution per unit (DPU) (in cents) 0.81 0.88 (8.0) 0.81 1.07(1) (24.3)
Annualised DPU (in cents) 3.25 3.57 (9.0) 3.25 4.30(1) (24.4)

Selected Balance Sheet Data

As at 30 June 2017 S$'000
Total assets 964,000
Borrowings, at amortised costs 365,772
Net assets attributable to Unitholders 600,756
Units in issue and to be issued entitled to distribution ('000) 1,053,083,530
NAV per Unit (S$) 0.57
Adjusted NAV per Unit (S$) 0.56

Debt Profile

  As at 31 March 2017
Aggregate leverage(2) 37.0%
Borrowings S$367.8 million
Average all-in financing cost(3) 4.0%
Weighted average tenor of borrowings 1.5 years
Profit cover(4) 3.5 times


Notes