Meanwhile, for the full year ended Dec 31, DPU was 7.5 per cent higher at 3.15 US cents, versus a forecast of 2.93 US cents, and income available for distribution grew 7.3 per cent to US$29.2 million from a forecast of US$27.2 million.
Barbara Cambon, chief executive officer and chief investment officer of Prime US Reit's manager said improving fundamentals of the US economy supports the sustainable growth of its portfolio.
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