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SPH Reit maintains Q4 DPU at 1.39 cents

Paragon sales fell 3.2% due to tenants relocating within the mall, slowing tourist arrivals


SPH Reit on Monday posted a distribution per unit (DPU) of 1.39 Singapore cents for its fourth quarter ended Aug 31, 2015. Gross revenue slipped 0.6 per cent to S$50.8 million, while net property income rose 0.4 per cent to S$38.2 million on lower property operating expenses.