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Suntec Reit Q3 DPU up despite lower revenue

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Lower revenue from conventions and the sale of Park Mall eroded third-quarter earnings for mall and convention centre owner Suntec Real Estate Investment Trust, though distributions for the period still came in higher year-on-year.

Singapore

LOWER revenue from conventions and the sale of Park Mall eroded third-quarter earnings for mall and convention centre owner Suntec Real Estate Investment Trust, though distributions for the period still came in higher year-on-year.

For the three months ended Sept 30, 2016

sentifi.com

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