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ESR Reit's Q1 DPU jumps 19% after Viva Industrial Trust merger
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Published Wed, Apr 24, 2019 · 09:50 PM
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Singapore
INDUSTRIAL landlord ESR Reit saw an 18.9 per cent jump in distribution per unit (DPU) to 1.007 Singapore cents for its first quarter, on the back of contributions from Viva Industrial Trust's properties post-merger.
The results gave a lift to ESR units, which closed up 2 per cent or one cent at S$0.51 on Wednesday.
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