Croesus Retail Trust posts higher DPU for Q4 and full year
Gross revenue up; results also helped by forex gains and lower admin expenses
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Singapore
CROESUS Retail Trust (CRT), Asia-Pacific's first retail business trust with an initial portfolio located in Japan, has posted a one per cent year-on-year increase in distribution per unit (DPU) for the fourth quarter to 2.02 Singapore cents.
The results were helped by higher revenue, foreign-exchange gains and lower administrative expenses.
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