- Net Property Income ("NPI") increased 20.7% year-on-year ("y-o-y") to $34.4 million primarily due to improved performance from Ocean Financial Centre ("OFC") and 77 King Street.
- Property Income registered an improvement of 13.2% y-o-y to $41.4 million.
- Share of Results of Associates increased 26.4% y-o-y to $14.2 million due to higher contribution from Marina Bay Financial Centre Phase 1 ("MBFC Phase1").
- Distributable income for 1Q 2013 was $52.2 million, an increase 7.6% y-o-y.
- Annualised 1Q 2013 Distribution Per Unit ("DPU") rose by 4.6% y-o-y to 7.99 cents.
- All refinancing for 2013 is completed, and weighted average term to expiry has been extended from
3.1 years to 3.2 years. - Completed the acquisition of the new office building to be built on the Old Treasury Building site
in Perth, Western Australia. - Overall committed portfolio occupancy increased to approximately 99%.
- Four out of seven completed properties are 100% occupied.
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