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Frasers Commercial Q4 DPU up 14%

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Published Fri, Oct 23, 2015 · 09:50 PM

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Singapore

COMMERCIAL property landlord Frasers Commercial Trust (FCOT) expects to raise rents in Singapore upon lease renewals next year, it said on Friday as it released fourth-quarter earnings.

The trust, which owns three properties in Singapore and three in Australia, posted a distribution per unit (DPU) of 2.52 Singapore cents for the three months ended Sept 30.

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