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Suntec Reit DPU drops 9.4% on enlarged unit base, lower capital distribution

Vivienne Tay
Published Wed, Jan 22, 2020 · 09:50 PM

Singapore

SUNTEC Real Estate Investment Trust's distribution per unit (DPU) fell by 9.4 per cent to 2.347 Singapore cents for its fourth quarter ended Dec 31, from 2.59 cents a year ago.

This was mainly due to an enlarged unit base and lower capital distribution, the Reit manager said in a regulatory filing on Wednesday.

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