Financial Information

UI Boustead REIT’s Distribution Policy is to distribute 100.0% of distributable income for the period from the Listing Date to Projection Year 2027. Thereafter, the REIT will distribute at least 90.0% of distributable income for each financial year, with the actual level of distribution determined at the REIT Manager’s discretion. The actual percentage of distributable income may be over and above 90.0% of the distributable amount, if and to the extent that the REIT, in the opinion of the REIT Manager, has funds that are surplus to business requirements.

The REIT will make distributions to Unitholders on a semi-annual basis, with the amount calculated as at 31 March and 30 September each year for the six-month period ending on each of the said dates. The REIT Manager will endeavour to pay distributions no later than 90 days after the end of each distribution period.

The REIT Manager also has the discretion to distribute any additional amounts including capital. In determining whether to distribute additional amounts including capital, the REIT Manager will consider a range of factors including but not limited to funding requirements, financial position, growth strategy, compliance with relevant laws, regulations, covenants, other capital management considerations, overall suitability of distributions and prevailing industry practices.