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LMIRT's Q4 DPU 7.4% higher; net property income up 10.9%

Gross rental revenue rises 8.9% on rental reversion within existing malls

Singapore

LIPPO Malls Indonesia Retail Trust (LMIRT) posted a distribution per unit of 0.87 Singapore cent for its fourth quarter 2016, an increase of 7.4 per cent from a year ago.

Its net property income went up 10.9 per cent to S$44.6 million while its gross rental income went up

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