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SPH Reit's Q2 DPU up 0.7% at 1.4 S'pore cents
Gross revenue rises 2.8% to S$52.5m; net property income 3.7% higher at S$40.3m
Add BT as a preferred sourcePublished Mon, Apr 13, 2015 · 09:50 PM
Singapore
SPH Reit raised its distribution per unit by 0.7 per cent to 1.4 Singapore cents for its second fiscal quarter as rental income increased at its two retail properties.
Gross revenue at the retail real estate investment trust improved 2.8 per cent year-on-year to S$52.5 million in the three months ended Feb 28. Net property income rose 3.7 per cent to S$40.3 million.
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