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Currency woes, taxes cut Mapletree GCCT's Q2 DPU

For Q2, DPU falls 2.4% to 1.765 Singapore cents; net property income is down 3.2% to S$67.3 million

Published Thu, Oct 27, 2016 · 09:50 PM

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Singapore

DISTRIBUTION per unit (DPU) for Mapletree Greater China Commercial Trust (MGCCT) for the second quarter, or the three months ended Sept 30, was down 2.4 per cent to 1.765 Singapore cents.

This comes as the Singapore dollar strengthened and additional taxes at one of the trust's properties weighed on performance.

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