HIGHLIGHTS
• Turnover up 2.7% year-on-year; Recurring Underlying Profit up 1.3%
• Strong occupancy across our commercial portfolio (Retail: 99%; Office: 96%) against challenging global and local economic conditions
• Steady performance expected for full year, despite uncertain economic climate: majority of 2016 expiring commercial leases already committed
• Reported profit decline reflecting fair value loss on investment properties valuation
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