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Higher rents boost Mapletree Ind's Q2 DPU

Published Tue, Oct 25, 2016 · 09:50 PM

Singapore

HIGHER rental rates across its property segments as well as higher occupancies achieved in its high-tech buildings lent a boost to Mapletree Industrial Trust's (MIT) second-quarter performance.

On Tuesday, it reported a 1.4 per cent increase in distribution per unit (DPU) to 2.83 Singapore cents for the second quarter ended Sept 30, 2016.

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