Distributable income for the quarter rose by 4.2% y-o-y to $112.5 million but was mitigated by the enlarged unit base.
Mapletree Logistics Trust (MLT) has reported a distribution per unit (DPU) of 2.268 cents for the 2QFY2023/2024 ended Sept 30, 0.9% higher y-o-y.
The slight y-o-y increase was attributed to the REIT’s resilient portfolio as well as contributions from acquisitions as well as divestment gains of $8.8 million.
