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12% higher Q3 DPU for MCT
Published Wed, Jan 22, 2014 · 10:00 PM
MAPLETREE Commercial Trust (MCT) posted a distribution per unit (DPU) of 1.865 cents for its third quarter ended Dec 31, 2013, up 11.9 per cent from 1.667 cents the previous year.
Distributable income was $38.7 million, up from $31.2 million a year ago. Gross revenue grew 22.4 per cent to $68.4 million, while net property income (NPI) rose 24.9 per cent to $49.4 million, as a result of positive contribu…
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