UIBREIT - DPU for the Period from 3 July 2025 to 30 September 20261 of 3.71 Singapore cents was 0.8% ahead of Forecast • Positive rental reversion of 5.1% in Singapore was supported by stable underlying operations with healthy portfolio committed occupancy of 97.3% as at 30 September 2026

 UI BOUSTEAD REIT DELIVERS 3.71 CENTS DPU IN MAIDEN FINANCIAL RESULT, AHEAD OF FORECAST

• DPU for the Period from 3 July 2025 to 30 September 20261 of 3.71 Singapore cents was 0.8% ahead of Forecast

• Positive rental reversion of 5.1% in Singapore was supported by stable underlying operations with healthy portfolio committed occupancy of 97.3% as at 30 September 2026

• Asset enhancement initiative works at 84 Boon Keng Road to reposition the property from a single-tenant to multi-tenant building are on track to complete by end-2026

• Future DPU growth is supported by two co-investments in development projects in Singapore and 

Japan; options to purchase the balance interest upon completion of the respective developmentsprovide a highly visible acquisition pipeline.

Media Release

Japan in partnership with the Sponsor, which has enabled us to achieve higher returns on a risk-

mitigated basis. In addition, the options to purchase the balance interest in the respective properties 

upon completion provide UI Boustead REIT with a highly visible acquisition pipeline which further 

underpins future growth.”

Financial Review for the Period

UI Boustead REIT achieved net property income of S$54.5 million for the Period, 1.8% below the 

Forecast due to lower than forecast occupancy, and weaker Japanese yen against the Singapore dollar. 

Share of results of joint ventures of S$6.0 million outperformed the Forecast by 31.6% due to better 

performance at Razer SEA HQ and 6 Tampines Industrial Avenue 5. Taken together with net property 

income, the operational result (combining net property income and share of results from joint ventures) 

of S$60.5 million was slightly ahead of the Forecast. 

Amount available for distribution of S$50.9 million was 0.8% above Forecast, taking into account net 

finance costs of S$8.1 million, which was 6.5% above Forecast due to higher interest rates. To mitigate 

foreign exchange volatility, expected distribution income in Japanese yen has been substantially 

hedged into Singapore dollars.

UI Boustead REIT declared its maiden DPU of 3.71 Singapore cents, which was 0.8% ahead of the 

Forecast DPU of 3.68 cents for the Period. With the record date on Wednesday, 4 November 2026, 

payment of distribution is expected on Monday, 7 December 2026.