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Most Reits raise DPU despite US tapering

Their debt is locked at favourable rates, ahead of inevitable rise in interest rates

MOST real estate investment trusts (Reits) here improved on their distribution per unit (DPU) in the last reported quarter, despite a less-than-rosy outlook in light of the United States Federal Reserve's tapering of its stimulus programme. Based on a survey of Reits that have since turned in