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Fortune Reit's first-half DPU rises 16%

Singapore FORTUNE Real Estate Investment Trust (Fortune Reit) yesterday posted distribution per unit (DPU) of 20.88 HK cents for the fiscal half-year ended June 30. The DPU, which was 16 per cent higher, represents an annualised distribution yield of 6.2 per cent based on the unit price of HK$6.