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FCOT's Q4 DPU dips; full-year showing is trust's best since listing

Q4 distributable income up but DPU falls as trust pays entire management fee in cash

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Despite achieving year-on-year increases in gross revenue, net property income and distributable income, Frasers Commercial Trust's (FCOT) fourth-quarter distribution per unit (DPU) fell 2.8 per cent to 2.45 Singapore cents.

Singapore

DESPITE achieving year-on-year increases in gross revenue, net property income and distributable income, Frasers Commercial Trust's (FCOT) fourth-quarter distribution per unit (DPU) fell 2.8 per cent to 2.45 Singapore cents.

This was mainly because the trust's manager

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