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Croesus Retail Trust 4Q17 DPU 18.2% higher at 2.01 cents

PC Lee
PC Lee • 2 min read
Croesus Retail Trust 4Q17 DPU 18.2% higher at 2.01 cents
SINGAPORE (Aug 18): The trustee-manager of Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 2.01 cents for the 4Q17 ended June.
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SINGAPORE (Aug 18): The trustee-manager of Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 2.01 cents for the 4Q17 ended June.

This represents an 18.2% increase from the restated DPU of 1.70 cents achieved in 4Q16 and brings 2H17 DPU to a total of 4.06 cents.

For 4Q17, CRT reported gross revenue of nearly JPY3 billion, an increase of 11.9% from JPY2.7 billion recorded in 4Q16.

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