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First Reit's Q2 DPU rises 3.5%

Trust says despite rupiah's depreciation, it remains unaffected as its rentals in Indonesia are denominated in SGD


LIFTED by contributions from its new acquisitions and Indonesian and Singapore properties, First Real Estate Investment Trust's (First Reit) distribution per unit (DPU) for the second quarter rose 3.5 per cent year on year to 2.07 Singapore cents.

Trust manager Bowsprit