MGCCT's Q3 DPU up 11.6%

Singapore

MAPLETREE Greater China Commercial Trust (MGCCT) has reported an 11.6 per cent rise in distribution per unit (DPU) for the third quarter ended Dec 31, 2015, to 1.854 cents, thanks to an enlarged portfolio, higher rents and favourable exchange rates.

This translates to an annualised distribution yield of 8 per cent based on the closing unit price on Dec 31, 2015.