- 4Q DPU: 0.541 cents.
- Accretive acquisition of 29 Woodlands Industrial Park E1, NorthTech for S$72.0 million.
- Sale of 23 Changi South Ave 2 for $16.7 million, 3.1% above book value.
- Sale of Asahi Ohmiya Warehouse, Tokyo Japan for JPY1.49 million, 1.6% above book value.
- Well supported private placement, raising gross proceeds of S$43.5 million.
- Negotiated three year S$45.0 million acquisition debt facility in February 2011 which provides the Trust with additional financial flexibility.
- Revaluation of 25 Singapore properties:
+4.00% vs 31 March 2010 valuations
- Portfolio size grew from S$803.9 million to S$853.2 million.
DPU: 0.255 cents
Ex-date: 26 April 2011, 9.00am
Books closure date: 28 April 2011, 5.00pm
Distribution payment date: 8 June 2011