MBC 1 acquisition boosts MCT's Q3 DPU
DPU for Q3 FY2017 is up 9.6% year-on-year, surpassing trust manager's forecast
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Singapore
LED by its accretive acquisition of Mapletree Business City 1 (MBC 1), Mapletree Commercial Trust (MCT) achieved a 9.6 per cent year-on-year increase in distribution per unit (DPU) to 2.28 Singapore cents for the third quarter ended Dec 31, 2016.
The acquisition of MBC 1 was completed on Aug 25, 2016.
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