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AA Reit posts higher Q4 DPU; warns of pressure on rents

Focus is to maintain good tenant relationships, says industrial landlord

Published Wed, Apr 27, 2016 · 09:50 PM

Singapore

DISTRIBUTION per unit (DPU) at AIMS AMP Capital Industrial Reit (AA Reit) for the fourth quarter ended March 31 rose one per cent to 2.95 Singapore cents, from 2.92 cents for the corresponding quarter a year ago.

Gross revenue edged up 0.7 per cent to S$30.29 million, and net property income was 0.3 per cent higher at S$20.37 million.

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