As at March 31 2023, MIT’s total assets under management was $8.8 billion, which comprised 85 properties in Singapore and 56 properties in North America, including 13 data centres held through a joint venture.
Mapletree Industrial Trust has reported a distribution per unit of 3.33 cents for 4QFY2023 ended March, down 4.6% y-o-y, because of a larger unit base. This brings full-year DPU to 13.57 cents, down 1.7%.
Net property income for the full year was $518 million, up 9.7% y-o-y. Gross revenue, meanwhile, was up 12.3% y-o-y to $684.9 million, led by contribution from newly acquired data centres in the US.
