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LMIRT's Q4 DPU 7.4% higher; net property income up 10.9%
Gross rental revenue rises 8.9% on rental reversion within existing malls
Published Wed, Feb 15, 2017 · 09:50 PM
Singapore
LIPPO Malls Indonesia Retail Trust (LMIRT) posted a distribution per unit of 0.87 Singapore cent for its fourth quarter 2016, an increase of 7.4 per cent from a year ago.
Its net property income went up 10.9 per cent to S$44.6 million while its gross rental income went up 8.9 per cent to S$39.9 million.
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