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Soilbuild Reit DPU falls 26% in Q3 after tenant default, rights issue

Singapore

SOILBUILD Business Space Reit on Wednesday posted a third-quarter distribution per unit (DPU) of 0.918 Singapore cent, down 26.3 per cent from 1.245 cents in the same period a year earlier.

The decline was due mainly to the enlarged unit base after the industrial Reit's...

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