Soilbuild REIT 3rd Quarter Financial Results A Sea of Red

Soilbuild REIT Logo

Following the completion of offering of preferential offering to acquire Bukit Batok Connection (Read more here), Soilbuild REIT announced its 3Q2016 financial results.

The financial figures are in the sea of red. Gross revenue fell 4.7% from 20.1 million to 19.7 million. Net Property Income (NPI) fell 2.9% from 17.8 million to 17.3 million. Distribution per unit (DPU) fell 13.9% from 1.625 cents to 1.399 cents.

3Q2016
(S$’000)
3Q2015
(S$ ‘000)
YoY(%)
Gross Revenue 19,731 20,701 (4.7%)
Net Property Income 17,264 17,777 (2.9%)
Distributable Amount 14,551 15,147 (3.9%)
Distribution Per Unit (“DPU”) (cents) 1.399 1.625 (13.9%)
Annualised DPU (cents) 4.521 4.873 (13.9%)

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It is finally here! Phillip SGX APAC Dividend Leaders REIT ETF

sgx-apac-ex-japan-dividend-leaders-reit-index

Previously, I wrote about the first ETF (Exchange Traded Funds) made up of REITs. (SGX launches ETF made up of REITS) It is finally here!

Phillip SGX APAC Dividend Leaders REIT ETF will be listed on SGX on 20th October 2016. The initial offer period is between 5th October to 13th October 2016. Interested investors can find out more from their trading representatives.

The ETF is available in both US dollar (Primary currency) and Singapore dollar (Secondary currency). If you are interested in US dollar, the counter name is PHLP AP DIV REIT US$ and the stock code is BYI. If you are interested in Singapore dollar, the counter name is PHLP AP DIV REIT S$D and the stock code is BYJ. Read More