For the 9MFY2025, gross revenue and NPI also fell 4.6% y-o-y and 5.7% y-o-y to $685.9 million and $514.0 million respectively, due to reduced contribution following Mapletree Anson’s divestment, overseas headwinds and adverse foreign exchange (forex) effects.
Mapletree Pan Asia Commercial Trust (MPACT) has declared a distribution per unit (DPU) of 2.00 cents for the 3QFY2025 ended Dec 31, 2024, a 9.1% y-o-y decrease. For the 9MFY2025, DPU similarly fell 8.3% y-o-y to 6.07 cents.
Gross revenue in the quarter dropped 7.4% y-o-y to $223.7 million, while net property income (NPI) similarly shrunk 8.5% y-o-y to $166.9 million. This primarily stemmed from the absence of Mapletree Anson’s contribution following its divestment on Jul 31, 2024, and lower overseas contributions which were further dampened by the continued strength of the Singapore dollar.
