Gross revenue for the third quarter increased by 2.1% y-o-y to $184.0 million from $180.2 million, while net property income (NPI) rose 1.5% to $159.5 million from $157.2 million last year.
The manager of Mapletree Logistics Trust (SGX:M44U
) (MLT) announced that its distribution per unit (DPU) for 3QFY2024 ended Dec 31, 2023, came in at 2.253 cents, 1.2% higher than 2.227 cents the same period a year ago.
Including $12.4 million of divestment gain, the amount distributable to unitholders increased 4.8% y-o-y to $112.2 million. The lesser increase in DPU was due to an enlarged unit base.
