SINGAPORE (Oct 23): The manager of Mapletree Industrial Trust (MIT) announced DPU for 2Q19 ended Sept rose 0.3% year-on-year to 3.01 cents.

This came on the back of a 4.9% y-o-y rise in distributable income for 2Q19 to $56.7 million due to contributions from development projects and income contribution from MIT’s 40% interest in the portfolio of 14 data centres in the United States.

For the 1H19 ended Sept, distributable income and DPU came in at $113.6 million and 6.01 cents respectively, representing y-o-y increases of 6.2% and 1.5%.

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