Dasin Retail Trust's Shiqi Metro Mall. (Photo: Dasin Retail Trust)Dasin Retail Trust's Shiqi Metro Mall. (Photo: Dasin Retail Trust)

Dasin Retail Trust has reported a distribution per unit (DPU) of 1.96 Singapore cents for the period spanning 1 October to 31 December 2017, missing forecast for the quarter made during its IPO by about 2%.

However the trust reported a DPU of 7.16 cents for 1 January to 31 December 2017, beating expectations by about 6%.

Dasin Retail Trust’s DPU figures have been computed to include distribution waiver, and brings its DPU yield for the year to 8.95%, beating the 8.43% that was promised during its IPO.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.