Local firm K-Reit Asia will distribute 2.23 cents a unit for the July to September quarter. The commercial property investor said its distributable income for the quarter totalled $5.4 million, up 31.3 per cent from a year earlier, due to higher occupancy and rental rates.
Net property income rose 19.7 per cent in the third quarter to $7.5 million, K-Reit said. — DOW JONES
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