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No let-up in Starhill Global woes as office, retail markets stay challenging

Stanislaus Jude Chan
Stanislaus Jude Chan1/30/2018 12:56 PM GMT+08  • 3 min read
No let-up in Starhill Global woes as office, retail markets stay challenging
SINGAPORE (Jan 30): Analysts are keeping their less-than-bullish stance on Starhill Global REIT (SGREIT) following its weak set of results – as expected – for 2Q18.
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SINGAPORE (Jan 30): Analysts are keeping their less-than-bullish stance on Starhill Global REIT (SGREIT) following its weak set of results – as expected – for 2Q18.

For the 2Q ended December, distribution per unit (DPU) fell 7.1% to 1.17 cents, from 1.26 cents a year ago.

Group revenue slipped by 3% to $52.5 million in 2Q18, from $54.1 million a year ago.

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