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MPACT Q2 DPU falls 8.2% to S$0.0224 on higher interest rates

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Renald Yeo
Raphael Lim

Renald Yeo &

Raphael Lim

Published Thu, Oct 26, 2023 · 08:47 PM
    • VivoCity, which is one of MPACT's core assets in Singapore, has contributed S$57.8 million in gross revenue in Q2.
    • VivoCity, which is one of MPACT's core assets in Singapore, has contributed S$57.8 million in gross revenue in Q2. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE manager of Mapletree Pan Asia Commercial Trust (MPACT) reported a distribution per unit (DPU) of S$0.0224 for the second quarter ended Sep 30, 2023, down 8.2 per cent from S$0.0244 a year earlier.

    This was due primarily to higher interest rates, the manager said in a bourse filing on Thursday (Oct 26).

    Contributions from the trust’s overseas assets were also weighed down by foreign exchange effects resulting from a stronger Singapore dollar during the quarter.

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    Mapletree Pan Asia Commercial TrustReitsFinancial results

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