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Mapletree Ind Trust sees stress in business park segment
The Reit posts a 5.3% increase in Q2 distribution per unit to 2.6 cents
Published Tue, Oct 21, 2014 · 09:50 PM
Singapore
MAPLETREE Industrial Trust's flatted factories and business parks may be facing some stress as their occupancy levels dipped in its second fiscal quarter.
This is in line with the softening industrial market, evident from the smaller headroom the Reit has to move its rents up, Tham Kuo Wei, CEO of the Reit manager said at the Q2 earnings briefing on Tuesday.
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