FCT's Q2 DPU steady despite fall in portfolio occupancy
Gross revenue falls 2.9% mainly due to asset enhancement work at Northpoint
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Singapore
DESPITE a fall in portfolio occupancy, mainly due to the asset enhancement initiative (AEI) at Northpoint, Frasers Centrepoint Trust (FCT) has maintained its second-quarter distribution per unit (DPU).
For the three months ended March 31, 2017, the mainboard-listed Reit announced on Tuesday that its DPU was 3.04 Singapore cents, against 3.039 Singapore cents for the previous corresponding quarter.
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