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MGCCT full-year DPU up 1% to 7.32 cents

Jude Chan
Jude Chan • 2 min read
MGCCT full-year DPU up 1% to 7.32 cents
SINGPAPORE (April 26): The manager of Mapletree Greater China Commercial Trust (MGCCT) has announced an available distribution per unit (DPU) of 7.320 cents for the full year ended March 31, up 1% from DPU of 7.248 cents a year ago.
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SINGPAPORE (April 26): The manager of Mapletree Greater China Commercial Trust (MGCCT) has announced an available distribution per unit (DPU) of 7.320 cents for the full year ended March 31, up 1% from DPU of 7.248 cents a year ago.

Gross revenue increased 4.2% to $350.6 million for FY16/17, from $336.6 million a year ago.

This was mainly due to higher rental income from Festival Walk, as well as an enlarged portfolio with the acquisition of Sandhill Plaza in June 2015.

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