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PCRT distributable income slips 2.5%
Published Fri, Feb 7, 2014 · 10:00 PM
Singapore
PERENNIAL China Retail Trust (PCRT), which owns and develops shopping malls in China, continued distributing income from earn-out funds while its malls are still under development.
It announced distributable income of $10.9 million for its fourth quarter ended Dec 31, 2013, down 2.5 per cent from $11.2 million a year ago. Gross revenue was $1.3 million, from none a…
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