Performance in 2010. Suntec REIT has made a total distribution of 9.266 S-cents1 , for the period from 1 Jan 2010 to 8 Dec 2010, with an average DPU yield of 7.1%2 . It share price has also appreciated 11.9% YoY, from a low of S$1.23 on 25 May to a high of S$1.56 on 29 Oct. It has recently completed its acquisition of a one-third interest in MBFC1, which is financed 72% by a loan facility (S$1,105 m) and 25% by private placement of new units (S$428.2m). Its private placement was 3.1x oversubscribed on 29 Nov at an issue price of S$1.37, bearing testimony to investor's confidence in its latest "Premium Grade A" assets acquisition.
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