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Perennial's Q3 net profit nearly triples on net fair value gain

Revenue up 8.7 per cent, mainly due to contributions from Capitol Singapore and medical hub

Singapore

THIRD quarter net profit at Perennial Real Estate Holdings (Perennial) nearly tripled to S$48.3 million, boosted by a net fair value gain.

For the three months ended Sept 30, revenue for the real estate and healthcare player expanded 8.7 per cent to S$22.2 million from

sentifi.com

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