SINGAPORE (Apr 22): The manager of Mapletree Commercial Trust (MCT) has reported distribution per unit (DPU) of 0.91 cents for 4QFY2019/20 ended March, a steep drop compared to DPU of 2.31 cents declared a year ago.

This was reported in anticipation of uncertainties arising from the Covid-19 pandemic, which include lower shopper traffic and tenant sales at VivoCity. 

This brings full-year DPU for FY2019/20 to 8.00 cents, down 12.5% from DPU of 9.14 cents for FY2018/19. 

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