Oasis Crescent trims distribution as it focuses on enhancing portfolio
30 April 2020 - 10:39
Sharia-compliant Oasis Crescent Property Fund’s distribution fell by almost double digits in its year to end-March, as it focused on enhancing its portfolio, including upgrading security.
Distribution per unit decreased 9.7% to 101c per unit, with the group aiming to enhance its tenant quality, resulting in some of its portfolio remaining vacant as it upgrades its assets...
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