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IREIT Global: Reports Firm Performance & Improved Financial Position For FY2018.

21 Feb 2019 10:31

FY2018 DPU of 5.80 Singapore cents in line with FY2017. Lease extensions secured in 2018 resulted in over 90% of leases due for renewal only in 2022 and beyond. Aggregate leverage improved to 36.6% as at 31 Dec 2018 from 40.3% a year ago, supported by increase in portfolio valuation. New loan facilities with maturity in 2026 and competitive interest rates drawn down on 1 February 2019 to repay existing borrowings...

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Source: ShareInvestor Express