About the Trust

Financial Highlights

Key Financial Figures

For the third quarter ended 30 September 2018
S$'000 3Q 2018 2Q 2018 Variance (%) 3Q 2017 Variance (%)
Gross revenue 19,855 20,080 (1.1) 20,859 (4.8)
Net property income ("NPI") 12,633 12,570 0.5 13,400 (5.7)
Income available for distribution 8,072 8,639 (6.6) 8,336 (3.2)
Distribution per unit (DPU) (in cents) 0.77 0.82 (6.1) 0.79 (2.5)
Annualised DPU (in cents) 3.05 3.29 (7.3) 3.13 (2.6)

Selected Balance Sheet Data

As at 30 September 2018 S$'000
Total assets 937,857
Borrowings, at amortised costs 359,453
Net assets attributable to Unitholders 554,233
Units in issue and to be issued entitled to distribution ('000) 1,053,083,530
NAV per Unit (S$) 0.53
Adjusted NAV per Unit(1) (S$) 0.52

Debt Profile

  As at 30 September 2018
Aggregate leverage(2) 38.6%
Borrowings S$361.0 million
Average all-in financing cost(2) 4.1%
Weighted average tenor of borrowings 1.6 years
Profit cover(4) 3.7 times


Notes