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Lower occupancy hits Soilbuild Reit's Q3

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Published Wed, Oct 12, 2016 · 09:50 PM

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    Soilbuild Reit

    Singapore

    SOILBUILD Business Space Reit's third-quarter revenue, earnings and distributions were hit by lower occupancies at its industrial properties.

    For the three months ended Sept 30, gross revenue fell 4.7 per cent to S$19.73 million from a year ago while net property income dropped 2.9 per cent to S$17.26 million.

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