Acquisitions lift MapletreeLog Q3 DPU

Singapore

SIX properties acquired this financial year helped Mapletree Logistics Trust's distribution per unit (DPU) climb to 1.87 Singapore cents for its third quarter ended December 2014, a tad higher than the 1.84 cents a year ago. This came on the back of a 2.7 per cent increase in its total amount distributable to unitholders to S$46.19 million,

Gross revenue rose 6.2 per cent to S$82.92 million, helped by contribution from six assets bought in China, Singapore, Malaysia and South Korea in the fiscal year, as well as from Mapletree Benoi Logistics Hub and higher revenue from its existing assets in Singapore, Hong Kong and Malaysia.