MGCCT's Q2 DPU up 13% despite weak HK retail market
Contribution from Sandhill Plaza, rental increase at Festival Walk and Gateway Plaza boost Reit's performance
Singapore
CONTRIBUTION from newly bought Sandhill Plaza and rent increases at its two other commercial properties, Festival Walk and Gateway Plaza, helped boost Mapletree Greater China Commercial Trust's (MGCCT) second-quarter performance.
On Tuesday, it reported a distribution per unit (DPU) of 1.808 Singapore cents for the three months ended Sept 30, 2015. This was 12.6 per cent higher than the 1.606 Singapore cents paid out a year ago.
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