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Mapletree Logistics Trust's Q3 distribution per unit rises 7% to 1.84 cents

Published on Jan 20, 2014 6:26 PM

GAINS from a property sale helped Mapletree Logistics Trust increqase its distribution per unit (DPU) for the third quarter.

DPU came in at 1.84 cents, 7 per cent up on the same period last year.

This is on the back of a 7.7 per cent rise in the amount distributable to unitholders, to about $45 million.

The increase includes the partial distribution of the $600,000 gain from the divestment of 30 Woodlands Loop.

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