BUSINESS OVERVIEW SECTION 2 25 Al-`Aqar Healthcare REIT | Annual Report 2024 MANAGEMENT DISCUSSION & ANALYSIS PERFORMANCE OF PORTFOLIO SINCE IPO 2.0 0.5 1.0 1.5 Investment Properties (RM bil) 2006 2014 2010 2018 2008 2016 2012 2020 2023 2007 2015 2011 2019 2022 2009 2017 2013 2021 2024 30 0 5 10 15 20 25 0.5 0.5 1.0 1.1 1.4 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.5 1.5 1.5 1.7 1.4 0.7 6 6 11 19 20 23 23 22 23 22 23 24 24 23 23 23 25 25 25 Due to lower distributable income, the Manager declared a DPU of 7.27 sen for FY2024, a decrease of 8.0% from 7.90 sen in FY2023. The payout ratio for FY2024 was 95%. The Manager anticipates growth in DPU in the coming years, driven by rental escalations, acquisitions and portfolio enhancements. HISTORICAL DPU SINCE IPO 12 100 0 2 4 6 8 80 10 90 Payout (%) DPU (sen) 95% 100% 100% 99% 98% 96% 100% 100% 99% 99% 96% 96% 99% 95% 95% 96% 95% 100% 95% 2006 2014 2010 2018 2008 2016 2012 2020 2023 2007 2015 2011 2019 2022 2009 2017 2013 2021 2024 2.72 7.32 8.01 7.73 7.80 7.65 8.10 7.69 7.85 7.70 7.70 7.70 7.70 7.75 6.81 7.80 8.10 7.90 7.27
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