First REIT”s Q1 DPU down 3.3% to $0.0058

NPI dropped 2.8% YoY.

First REIT reported a 2.8% year-on-year (YoY) decline in net profit to $24.6m in Q1 2025

Distribution per unit (DPU) dropped 3.3% to $0.0058 per share, to be paid on 26 June.

DPU has consequently dipped from $0.060 in 1Q 2024, mainly due to currency depreciation and a larger unit base from management fee payments in units.

Rental and Other Income fell 2.8% YoY to $25.4m, mainly due to the depreciation of the Indonesian Rupiah and Japanese Yen against the Singapore Dollar, partially offset by higher rental income from properties in Indonesia and Singapore.

Follow the link for more news on

First REIT

Financial Statements

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia