MCT's Q2 distributable income up 25% on acquisition; DPU inches up

Singapore

MAPLETREE Commercial Trust (MCT), which owns the mall VivoCity, on Wednesday posted a 1.5 per cent increase in distribution per unit (DPU) on an enlarged unit base from a placement funding an acquisition that boosted its earnings.

It posted a distribution per unit (DPU) of 2.05 Singapore cents for the second quarter ended Sept 30, 2016.