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Higher rents lift Fortune Reit DPU up 15.3% in Q1

Friday, May 9, 2014 - 06:00

FORTUNE Real Estate Investment Trust (Reit) posted a 15.3 per cent increase in first-quarter distribution per unit after reaping the benefits of a new property and rental reversions.Fortune Reit said income available for distribution rose 26.5 per cent to HK$193.9 million (S$31.2 million), or 10

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