Suntec Real Estate Investment Trust reported unaudited group earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported gross revenue of SGD 88.941 million against SGD 87.541 million a year ago. Net property income was SGD 60.696 million against SGD 62.489 million a year ago. This was due to lower income contribution from Suntec City and Suntec Singapore as well as the divestment of Park Mall. Net income was SGD 66.039 million against SGD 97.019 million a year ago. Total return before tax was SGD 139.025 million against SGD 222.873 million a year ago. Total return for the period after tax attributable to unitholders was SGD 118.532 million or 4.601 cents per diluted share against SGD 215.807 million or 8.257 cents per diluted share a year ago. Net cash flow from operating activities was SGD 59.279 million against SGD 62.736 million a year ago. Purchase of plant and equipment was SGD 0.341 million against SGD 0.277 million a year ago. Gross revenue for an increase of SGD 1.4 million or 1.6% higher year-on-year. The increase was mainly due to the contribution of 177 Pacific Highway after practical completion offset by the divestment of Park Mall and lower revenue achieved for Suntec Singapore. For the year, the company reported gross revenue of SGD 328.595 million against SGD 329.515 million a year ago. The decrease was mainly due to the divestment of Park Mall, offset by the contribution of 177 Pacific Highway after practical completion and the increase in revenue from the opening of Suntec City mall (Phase 3). Net property income was SGD 224.575 million against SGD 229.217 million a year ago. Net income was SGD 205.014 million against SGD 236.812 million a year ago. Total return before tax was SGD 275.489 million against SGD 372.884 million a year ago. Total return for the period after tax attributable to unitholders was SGD 246.546 million or 9.346 cents per diluted share against SGD 354.091 million or 13.443 cents per diluted share a year ago. Net cash flow from operating activities was SGD 197.683 million against SGD 231.317 million a year ago. Purchase of plant and equipment was SGD 0.681 million against SGD 0.898 million a year ago. Progress payments on construction were SGD 129.388 million against SGD 139.607 million a year ago.