Sasseur Reit’s H2 DPU rises 5.3% to S$0.03083
This is supported by resilient rental income under its entrusted management agreement model
[SINGAPORE] Sasseur Real Estate Investment Trust (Reit) on Thursday (Feb 26) reported a distribution per unit (DPU) of S$0.03083 for the second half of FY2025, up 5.3 per cent year on year from S$0.02929.
It will be paid to unitholders on Mar 26, said the manager in a bourse filing.
The Reit’s DPU performance was supported by resilient rental income under its entrusted management agreement (EMA) model. EMA rental income for the second half rose 3.3 per cent on the year to 346.1 million yuan (S$63.6 million), from 335.1 million yuan.
Distributable income was S$43.3 million, a rise of 6.5 per cent from S$40.6 million a year prior.
Total outlet sales in H2 stood at 2.4 billion yuan, and 4.6 billion yuan for FY2025.
Aggregate leverage as at Dec 31, 2025 was at 25.1 per cent, with an interest coverage ratio of 4.7 times.
The weighted average lease expiry was at 1.9 years.
Units in Sasseur Reit ended flat at S$0.685 before the release of results.
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