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Mapletree Logistics Trust reports slightly higher 3Q20/21 DPU of 2.065 cents on enlarged unit base

Felicia Tan
Felicia Tan1/25/2021 6:2 PM GMT+08  • 3 min read
Mapletree Logistics Trust reports slightly higher 3Q20/21 DPU of 2.065 cents on enlarged unit base
Units in MLT closed flat at $2.02 on Jan 25.
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The manager of Mapletree Logistics Trust (MLT) has reported distribution per unit (DPU) of 2.065 cents for the 3QFY2020/2021 ended December over an enlarged unit base of 4.28 billion following the equity fund raising completed during the quarter.

The quarter’s DPU represents a slight growth of 1.0% from DPU of 2.044 cents in 3QFY2019/2020.

Amount distributable to unitholders for the quarter rose 10.2% to $84.4 million from $76.6 million previously, as it includes the partial distribution of the gains from the divestments of Mapletree Waigaoqiao Logistics Park. The sum also includes the gains from the divestments of the five properties in Japan as well as from 7 Tai Seng Drive.

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