SINGAPORE (May 11): The manager of BHG Retail Trust reported a distribution per unit (DPU) 1.39 cents for the 1Q18 ended March, unchanged from a year ago.

This represented an annualised distribution yield of 7.3%, based on a closing price of 77 cents as at March 31.

Gross revenue increased 12.5% to $17.4 million a year ago while net property income increased 12.2% to $11.6 million.

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