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Mapletree Industrial Trust posts 6.6% increase in 3Q DPU to 3.07 cents on share of profit in JV

Samantha Chiew
Samantha Chiew1/22/2019 10:44 PM GMT+08  • 2 min read
Mapletree Industrial Trust posts 6.6% increase in 3Q DPU to 3.07 cents on share of profit in JV
SINGAPORE (Jan 22): The manager of Mapletree Industrial Trust (MIT) announced a 3Q18/19 DPU of 3.07 cents, 6.6% higher compared to 2.88 cents in 3Q17/18.
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SINGAPORE (Jan 22): The manager of Mapletree Industrial Trust (MIT) announced a 3Q18/19 DPU of 3.07 cents, 6.6% higher compared to 2.88 cents in 3Q17/18.

Amount available for distribution was 9% higher at $58.3 million from $53.5 million a year ago.

Gross revenue for the quarter was 2.3% higher at $93.6 million from $91.5 million last year, largely due to contribution from Phase One of the build-to-suit (BTS) project for HP Singapore for a full quarter after the expiry of rent-free period as well as new contribution from Mapletree Sunview 1 and 30A Kallang Place

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