You are here

Mapletree Industrial Trust Q2 DPU up 1.4%

Mapletree4.jpg
Mapletree Industrial Trust on Tuesday reported a 1.4 per cent increase in distribution per unit (DPU) to 2.83 Singapore cents for the second quarter ended Sept 30, 2016.

MAPLETREE Industrial Trust on Tuesday reported a 1.4 per cent increase in distribution per unit (DPU) to 2.83 Singapore cents for the second quarter ended Sept 30, 2016.

Gross revenue rose 1.8 per cent to S$84.2 million due mainly to higher rental rates achieved across all property segments as well as higher occupancies achieved in its high-tech buildings, while net property income rose 4.3 per cent to S$63.6 million.

Unitholders can expect to receive their quarterly DPU on Nov 28. The books closure date is on Nov 2.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes