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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