SINGAPORE (Jan 21): Mapletree Logistics Trust (MLT) has reported a distribution per unit (DPU) of 2.044 cents for 3Q19/20 ended December, some 2.1% higher than a year ago.
The increase was attributable primarily to higher contributions from existing properties, but was partly offset by the absence of contribution from five properties in Japan divested in 1Q19/20.
MLT’s overall growth was also moderated by the impact of weaker Australian Dollar, Korean Won and Chinese Renminbi.
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