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First REIT DPU up 1.4% to 2.14 cents in 2Q

Jude Chan
Jude Chan7/17/2017 7:8 PM GMT+08  • 2 min read
First REIT DPU up 1.4% to 2.14 cents in 2Q
SINGAPORE (July 17): The manager of First Real Estate Investment Trust (First REIT) posts a 1.4% increase in distribution per unit (DPU) to 2.14 cents for the second quarter ended June, from 2.11 cents a year ago.
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SINGAPORE (July 17): The manager of First Real Estate Investment Trust (First REIT) posts a 1.4% increase in distribution per unit (DPU) to 2.14 cents for the second quarter ended June, from 2.11 cents a year ago.

Distributable income grew 2.5% to $16.6 million in 2Q, from $16.2 million a year ago.

Gross revenue grew 3.3% to $27.5 million, from $26.6 million a year ago.

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