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MGCCT's Q1 DPU rises 9.1% to 1.85 cents

Gross revenue up 11.9%, boosted by Shanghai's Sandhill Plaza, HK's Festival Walk; net property income jumps 11.2%


MAPLETREE Greater China Commercial Trust (MGCCT) on Friday reported a 9.1 per cent rise in distribution per unit (DPU) for the fiscal first quarter ended June 30 to 1.85 Singapore cents, thanks to an enlarged portfolio and higher revenue.

Gross revenue rose 11.9 per cent