MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales
China assets earmarked for sale are to be offloaded into a planned renminbi fund
Add BT as a preferred source
[SINGAPORE] The manager of Mapletree Logistics Trust (MLT) on Thursday (Apr 30) posted a distribution per unit (DPU) of S$0.01819 for the fourth quarter ended March, down 7 per cent from S$0.01955 in the year-ago period.
This brings total DPU for FY2026 to S$0.07262, down 9.8 per cent year on year. Distribution for Q4 will be paid on Jun 23.
Excluding divestment gains, Q4 DPU would have risen 0.9 per cent from S$0.01803 in the year-ago period, and FY2026 DPU would have dipped 3.4 per cent from S$0.07519 previously.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
