The significantly higher growth was partly due to the retention of the $2.5 million distributable income retained in 1QFY2020.
The manager of ARA LOGOS Logistics Trust (ALOG) has posted distribution per unit (DPU) of 1.353 cents in the 1QFY2021 ended March, 35.7% higher than DPU of 0.997 cent in the 1QFY2020.
The quarter’s DPU was spread across 1.28 billion units issued in the REIT, compared to 1QFY2020’s 1.09 billion units.
