Monday, April 21, 2014

MapletreeLog posts 4Q DPU of 1.89 cents

Mapletree Logistics Trust posted a distribution per unit (DPU) of 1.89 cents for its fourth quarter ended March 31, 2014, up from 1.73 cents a year earlier.

The higher DPU came on the back of a 10.1% rise in distributable amount to $46.3 million. This included the partial distribution of a divestment gain from 30 Woodlands Loop of $600,000.

Excluding this, the amount distributable to unitholders would have increased by 8.6%, the REIT said.


 

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