SINGAPORE (Oct 27): Parkway Life REIT (PLife REIT) has declared a distribution per unit (DPU) of 3.06 cents for 3Q16, 8.8% lower than the 3.36 cents in the same period a year ago.
This was mainly due to the absence of one-off distribution of the $9.11 million divestment gain which was equally distributed in the four quarters in FY2015.
Gross revenue for the quarter grew 8.2% to $28.1 million.
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