MGCCT's Q2 DPU up 10.4% on rental boost

Singapore

MAPLETREE Greater China Commercial Trust has posted an 11.9 per cent increase in distributable income for its fiscal second quarter on the back of higher rentals.

The real estate investment trust's income available for distribution to unitholders rose to S$43.5 million for the three months ended Sept 30. The Reit will distribute 1.606 Singapore cents per unit, up 10.4 per cent from its year-ago distribution.