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First Reit's Q2 DPU rises 3.5%

Trust says despite rupiah's depreciation, it remains unaffected as its rentals in Indonesia are denominated in SGD

Published Mon, Jul 20, 2015 · 09:50 PM

Singapore

LIFTED by contributions from its new acquisitions and Indonesian and Singapore properties, First Real Estate Investment Trust's (First Reit) distribution per unit (DPU) for the second quarter rose 3.5 per cent year on year to 2.07 Singapore cents.

Trust manager Bowsprit Capital Corporation on Monday said the DPU would be payable on Aug 28.

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