“Our proactive portfolio management and prudent capital management have yielded stable DPU returns in FY16/17 despite the challenging business environment. The three properties continued to demonstrate resilience, achieving positive rental reversions and high occupancies.
For FY17/18, we remain committed to driving organic growth and extracting operational efficiencies, as well as to carry out asset enhancement works to maintain the prime positioning of our assets. In addition to a disciplined capital management approach to mitigate the impact of interest rate and foreign exchange volatilities, we will also continue to seek out opportunities to enhance and add to the value of our portfolio.”
Ms. Cindy Chow, Chief Executive Officer
1.959 cents SGD (4Q 2017)