Business Times·Business

UI Boustead Reit’s first payout tops IPO forecast

Summarised by Spiced Kopi · 27 October 2026, 12:14 UTC ·11 sec listen

UI Boustead Real Estate Investment Trust reported its first distribution per unit of 3.71 Singapore cents, slightly above the forecast in its initial public offering. Net property income, however, came in 1.8 per cent below its forecast.

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