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MGCCT's Q2 DPU up 13% despite weak HK retail market

Contribution from Sandhill Plaza, rental increase at Festival Walk and Gateway Plaza boost Reit's performance

Published Tue, Oct 27, 2015 · 09:50 PM

Singapore

CONTRIBUTION from newly bought Sandhill Plaza and rent increases at its two other commercial properties, Festival Walk and Gateway Plaza, helped boost Mapletree Greater China Commercial Trust's (MGCCT) second-quarter performance.

On Tuesday, it reported a distribution per unit (DPU) of 1.808 Singapore cents for the three months ended Sept 30, 2015. This was 12.6 per c…

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Companies & Markets

Companies & Markets

MGCCT's Q2 DPU up 13% despite weak HK retail market

Companies & Markets

Netflix handily beats subscriber targets, misses on revenue forecast

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

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