Mapletree Logistics Trust sees 23% jump in revenue for 3Q

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Mapletree Logistics Trust (MLT) has reported a distribution per unit (DPU) 2.002 Singapore cents for its 3Q FY18/19, an increase of 5.0% from what was reported in the corresponding period of the previous financial year.

The REIT’s gross revenue for the period came in at SGD120.8 million (USD94 million), 23.0% higher year-on-year, while net property income (NPI) saw a 25.9% rise to SGD104.5 million.

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