SPH REIT NPI increased 23.3% to $56.5m in Q2 2020

Submitted By:  Staff Reporter Case Study:  No The improvement came from 98.9% occupancy rate in their assets. SPH REIT's net property income (NPI) rose to $56.5 m in Q2 2020, the company announced. An increase of 23.3% to $10.6m compared to the same quarter last year was also seen. SPH REIT will distribute 0.30 cent per unit for its second quarter ended 29 February 2020, according to an announcement. This represents a 78.7% YoY decline in its distribution per unit, from 1.41 cents a year ago. read more