Prime US REIT 1H FY26 net income drops 50.5% to US$3.95 million; revenue slips 0.4% to US$67.06 million

Reuters2026/08/12 11:20

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Prime US REIT posted net income attributable to unitholders of US$3.95 million, down 50.5% from 1H2025; basic EPS fell 55.7% to 0.27 US cents.
Revenue slipped 0.4% to US$67.06 million, while net property income declined 6.9% to US$33.35 million.
Income available for distribution dropped 33.1% to US$11.15 million, but distribution payable more than doubled to US$7.19 million as DPU rose to 0.5 US cents.
Finance expenses climbed 17% to US$24.1 million, while property operating expenses rose 7.1% to US$33.7 million on higher leasing commission amortisation and repairs accruals.
Committed occupancy improved to 84.1% at June 30 from 82.7% at end-2025, with 189,000 square feet leased in 1H and +4.9% rental reversion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prime US REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: UOS25AQNM9Y9K1IJ) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Prime US REIT 1H FY26 net income drops 50.5% to US$3.95 million; revenue slips 0.4% to US$67.06 million

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