---
title: "MPACT FY25/26 DPU dips 0.6% to $0.0797 on weaker overseas contributions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284302811.md"
description: "Mapletree Pan Asia Commercial Trust reported a 0.6% decline in distribution per unit (DPU) to $0.0797 for FY25/26, with gross revenue falling 4.6% to $867.3 million. Excluding a one-off tax charge, DPU would have increased by 1.1% to $0.0811. The trust's net property income (NPI) also decreased by 4.3% to $654.4 million, influenced by lower overseas contributions and divestments. In Q4, DPU was $0.0190, down 2.6%. The total portfolio valuation is $15.2 billion, reflecting a 2.1% decrease."
datetime: "2026-04-28T03:10:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284302811.md)
  - [en](https://longbridge.com/en/news/284302811.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284302811.md)
---

# MPACT FY25/26 DPU dips 0.6% to $0.0797 on weaker overseas contributions

**Excluding a one-off tax charge, full-year DPU would have risen 1.1% to $0.0811.**

Mapletree Pan Asia Commercial Trust’s distribution per unit (DPU) fell 0.6% year-on-year to $0.0797 for FY25/26.

Excluding a one-off tax charge linked to the divestment of Festival Walk Tower, full-year DPU would have been $0.0811, up 1.1%, its manager, MPACT Management Ltd, said in a press release.

Gross revenue fell 4.6% to $867.3m, whilst net property income (NPI) declined 4.3% to $654.4m for the year, reflecting lower overseas contribution and divestment effect.

For the fourth quarter, DPU came in at $0.0190, down 2.6%, with gross revenue and net property income declining 5.5% and 5.9% to $210.7m and $159.6m, respectively.

Net property income in Singapore rose 4.1% on a comparable basis. VivoCity recorded a 7.6% increase in full-year NPI and a 14.1% rental reversion, alongside 3.7% growth in tenant sales.

The trust completed three divestments during the year, with proceeds used to reduce debt.

Total portfolio valuation stood at $15.2b, down 2.1% on a comparable basis.

The overseas portfolio was impacted by $301.1m of foreign exchange effect resulting from a stronger Singapore dollar against Hong Kong, Japan, and Korea currencies.

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