Corporate digest

Mapletree Logistics Trust

MAPLETREE Logistics Trust on Friday reported a distribution per unit (DPU) of 1.8 Singapore cents for its fourth quarter ended March 31, 2016. This was a 2.7 per cent drop from the 1.85 cents paid out a year ago.

Gross revenue rose 4.4 per cent to S$88.4 million, boosted by contribution from three properties acquired in Australia, Korea and Vietnam in FY16, as well as higher revenue from existing properties in Hong Kong and China.