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Mapletree Industrial Trust's DPU rises 6% for Q4

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Mapletree Industrial Trust (MIT) on Monday posted a 6 per cent increase to its distribution per unit to 2.81 Singapore cents for its fourth quarter ended March 31, 2016.

Singapore

MAPLETREE Industrial Trust (MIT) on Monday posted a 6 per cent increase to its distribution per unit to 2.81 Singapore cents for its fourth quarter ended March 31, 2016. This was up from 2.65 cents a year ago.

Gross revenue rose 5.8 per cent to to S$84 million, boosted by