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OUE Commercial Reit's Q4 distribution income up 14.6%

But DPU dips to 1.14 Singapore cents, down 3.4 per cent from the previous year, due to an enlarged unit base

Singapore

AN ABSENCE of performance fees and higher income support drawdown lifted fourth-quarter results for landlord OUE Commercial Reit (OUE C-Reit).

Q4 income available for distribution rose 14.6 per cent to S$17.7 million from the previous year, it said in a Singapore Exchange

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