(EQS-News / 26/08/2015 / 12:20 UTC+8)

Croesus Retail Asset Management Pte. Ltd. (the "Trustee-Manager"), the trustee-manager of Croesus Retail Trust ("CRT") is pleased to announce its financial results for the three months and full year ended 30 June 2015 ("4Q2015" and "FY2015" respectively).
 
- DPU for 4Q2015 of 2.02 Singapore cents brings FY2015 DPU to 8.08 Singapore cents
- Total assets increased to JPY100.4 billion, which is a 27.8% increase compared to the prior financial year due to acquisitions and a 7.9% increase in portfolio valuation
- Tenant renewal and asset enhancement exercise largely completed at Mallage Shobu with potential rental uplifts expected for these new tenants during the next financial year
- Hedged close to 100% of distributions up to 31 December 2016 - Recorded a distribution yield of 8.6% for FY2015

Please find the full press release in PDF format.


End of Press Release

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Document: http://n.equitystory.com/c/fncls.ssp?u=UTIYBLKBPF Document title: Croesus Retail Trust's FY2015 DPU increases by 2.8% and exceeds FY2015 Forecast by 7.9%

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Key word(s): Final Results

26/08/2015 UTC+8 Dissemination of a Press Release, transmitted by EQS TodayIR - a company of EQS Group AG.
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