MPACT was the result of a merger of two other Mapletree REITs: Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. This is the first full-year results announcement by the combined entity.
Mapletree Pan Asia Commercial Trust has reported a distribution per unit of 2.25 cents for 4QFY2023 ended March, bringing full year payout to 9.61 cents, up 6.1%.
Net property income for the year was up 62.6% to $631.9 million, while revenue was up 65.4% to $826.2 million.
