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Croesus Retail Trust posts higher DPU for Q4 and full year

Gross revenue up; results also helped by forex gains and lower admin expenses

Published Wed, Aug 26, 2015 · 09:50 PM
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Singapore

CROESUS Retail Trust (CRT), Asia-Pacific's first retail business trust with an initial portfolio located in Japan, has posted a one per cent year-on-year increase in distribution per unit (DPU) for the fourth quarter to 2.02 Singapore cents.

The results were helped by higher revenue, foreign-exchange gains and lower administrative expenses.

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