Mapletree Logistics Trust posts 1.5% rise in 2Q DPU to 2.055 cents

The manager of Mapletree Logistics Trust (MLT) has announced a distribution per unit (DPU) of 2.055 cents for the 2QFY2020/2021 ended September, some 1.5% higher than a year ago.

This quarter’s result brings DPU for 1HFY2020/2021 to 4.1 cents, representing a 1.2% rise from the 4.05 cents posted in 1HFY2019/2020.

The REIT’s amount distributable to unitholders for the quarter grew 6.2% y-o-y to $78.3 million across 6.5 million units, compared to the 5.4 million units the year before.