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Suntec Reit's Q4 distributable income up 7.7%

This translates into DPU of 2.75 Singapore cents, up 6.7% from year-ago's 2.577 Singapore cents

The committed occupancy for Suntec City mall improved to 98 per cent while Suntec City Office Towers achieved 99.3 per cent committed occupancy as at Dec 31, 2015.


SUNTEC Reit posted a distributable income of S$69.5 million for the fourth quarter ended December, up 7.7 per cent compared to the previous year. This translates into a distribution per unit of 2.75 Singapore cents, up 6.7 per cent from 2.577 Singapore cents a year ago.