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MIT's DPU down 7.5% at 2.85 S cents for Q4; S$6.6m withheld because of virus uncertainty

The trust manager says its large, diversified tenant base with low dependence on any single tenant or trade sector will continue to underpin its portfolio resilience.


MAPLETREE Industrial Trust's (MIT) distribution per unit (DPU) stood at 2.85 Singapore cents for the fourth quarter ended March 31, down 7.5 per cent from 3.08 cents a year ago.

Distributable income rose 15.4 per cent to S$69.15 million, while gross revenue rose 3 per...

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