PARKWAY Life Real Estate Investment Trust on Wednesday posted a 2.6 per cent increase in its distribution per unit to 3.27 Singapore cents for the second quarter ended June 30, up from 3.19 cents in the year-ago period.
This was mainly due to higher rent from the Singapore properties, revenue contribution from the Japan property acquisition in the first quarter of last year, and the appreciation of the Japanese yen.Market voices on:
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