Hospitality B-linked units distribution expected to exceed forecast of 13‚36c

Posted On Friday, 14 February 2014 15:54 Published by
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Hospitality B-linked units' distribution for the 6 months ended 31 December 2013 are expected to exceed the forecast of 13‚36c per linked unit by 40%-50%‚ says company.

Andrew Rogers

The Hospitality Property Fund B-linked units' distribution for the six months ended  31 December 2013 are expected to exceed the forecast of 13‚36c per linked unit by 40%-50%‚ the company said in a trading statement on Friday.

The expected increase was as a result of better than forecast hotel trading conditions‚ the company said.

The A-linked unit distribution for the six months ended 31 December 2013 would remain in line with the forecast of 69‚83c per linked unit‚ a growth of 5% from a year earlier.

Last modified on Friday, 14 February 2014 16:21

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