Average portfolio occupancy rate for 3QFY2022 was down marginally to 93.6% from 93.7% in the preceding quarter, as MIT aggregated the 29 US data centres which had a lower average occupancy rate.
Mapletree Industrial Trust has reported a distribution per unit of 3.49 cents, up 6.4% y-o-y for its 3QFY2022 ended Dec 2021.
Net property income was up 24.1% y-o-y to $122.7 million; revenue was up 31.3% to $162.4 million, due to contributions from the recently acquired portfolio of 29 data centres in the US.
