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AA Reit Q2 DPU up on higher income, lower costs

During the quarter, renewal contracts marked a weighted average rental increase of 8.6%

Singapore

AIMS AMP Capital Industrial Reit (AA Reit) posted a distribution per unit (DPU) of 2.77 Singapore cents for its fiscal second quarter ended Sept 30, 2014, up 0.7 per cent from the DPU of 2.75 Singapore cents a year ago.

Net property income rose 8.2 per cent year on year

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