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Mapletree Commercial Trust posts 9.3% increase in 2Q DPU to 2.24 cents

Samantha Chiew
Samantha Chiew10/25/2017 6:10 PM GMT+08  • 2 min read
Mapletree Commercial Trust posts 9.3% increase in 2Q DPU to 2.24 cents
SINGAPORE (Oct 25): The manager of Mapletree Commercial Trust (MCT) announced 2Q17/18 DPU increased 9.3% to 2.24 cents from 2.05 cents the previous year.
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SINGAPORE (Oct 25): The manager of Mapletree Commercial Trust (MCT) announced 2Q17/18 DPU increased 9.3% to 2.24 cents from 2.05 cents the previous year.

Gross revenue for the second quarter ended September jumped 21.7% to $107.2 million compared to $88.1 million a year ago.

Mapletree Commercial Trust Management says this was mainly due to the full quarter contribution from MBC I in 2Q17/18 as it was acquired on Aug 25, 2016 and higher contribution from VivoCity, but was offset by lower contribution from PSA Building and Mapletree Anson.

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