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2020-03-05
Prosperity REIT 2019 Annual Results
Prosperity REIT 2019 Annual Results
- Revenue and net property income increased driven by stable occupancy rate, positive rental reversion and effective cost control measures.
- DPU achieved positive 1.0% growth year-on-year amid economic uncertainties, with a distribution yield of 6.0%.
- Prudent capital management to mitigate finance cost volatilities.
- Unit price performed well and Prosperity REIT proved to be a defensive investment tool since listing.
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