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PLife Reit posts 2.9% rise in Q4 distributable income to S$17.5m


PARKWAY Life (PLife) Reit has posted a 2.9 per cent rise in distributable income to S$17.5 million for its fourth quarter ended Dec 31, 2014, boosted mainly by acquisitions and rental growth of existing properties.

This represents a distribution per unit (DPU) of 2.90