9MFY2024 DPU increased by 1.4% y-o-y to 10.21 cents.
Analysts are remaining positive on Mapletree Industrial Trust (SGX:ME8U
) (MINT) after the REIT reported a higher distribution per unit (DPU) of 3.41 cents for the 3QFY2025 ended Dec 31, 2024, up 1.5% y-o-y and 1.2% q-o-q.
Gross revenue for the quarter rose by 2% y-o-y to $177.3 million due to contributions from the freehold mixed-use facility in Tokyo. The higher revenue was also due to the REIT completing the second and third phases of the fitting out works of a data centre in Osaka.
