SINGAPORE (July 20): The manager of Mapletree Logistics Trust (MLT) announced that its 1QFY20/21 DPU has increased by 1.0% to 2.045 cents, as compared to 2.025 cents in 1QFY19/20.

Amount distributable to unitholders for the first quarter ended March was 5.7% higher at  $77.8 million from $73.6 mill a year ago.

As at June 2020, MLT’s portfolio consists of 145 properties with a total asset under management (AUM) value of $8.9 billion. Portfolio occupancy stood at 97.2%, while weighted average lease expiry (WALE) of the portfolio (by NLA) is unchanged at 4.3 years.

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