Mapletree Industrial Q1 DPU jumps 8.8%
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THANKS to higher rents and better occupancy, Mapletree Industrial Trust posted an 8.8 per cent jump in distribution per unit to 2.73 Singapore cents for the first quarter ended June 2015 from 2.51 Singapore cents a year ago.
This marks the highest DPU chalked up by the Singapore-focused Reit since its listing back in October 2010.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium