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MCT's Q2 DPU up 1.3% as gross revenue, net property income rise

Flagship property VivoCity will see NTUC FairPrice replace Giant as one of its anchor tenants by FY19/20

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VivoCity's new B1 retail extension, which spans 3,000 sq m. Its shopper traffic and tenant sales in Q2 respectively clocked growth of 5.8% and 2.8% y-o-y.

Singapore

BOLSTERED by higher contributions from VivoCity, Mapletree Business City I and Bank of America Merrill Lynch HarbourFront, Mapletree Commercial Trust's (MCT) second-quarter distribution per unit (DPU) was 1.3 per cent higher at 2.27 Singapore cents compared to a year ago....

sentifi.com

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