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Frasers Centrepoint Trust posts record full-year distribution per unit as second-half figure rises 2.6%
The Business Times reports full-year DPU reached S$0.1235, while second-half revenue rose 8.7% to S$223 million.
TLDR
The Business Times reports that Frasers Centrepoint Trust’s second-half distribution per unit rose 2.6% to S$0.06214, bringing the full-year figure to a record S$0.1235. The paper says contributions from Northpoint City South Wing and higher rents across most malls drove growth in revenue and net property income.
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