Mapletree North Asia Commercial Trust's Q4 DPU up 2.7%

Published Mon, Apr 29, 2019 · 09:50 PM

Singapore

MAPLETREE North Asia Commercial Trust (MNACT) on Monday posted a 2.7 per cent rise in distribution per unit (DPU) to 1.956 Singapore cent for the fourth quarter ended March 31, 2019.

Contribution from the trust's new Japan properties and higher rental income from Festival Walk in Hong Kong, and Gateway Plaza and Sandhill Plaza in China drove growth in revenue and net property income (NPI) for the quarter, as well as for the full year.

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