Mapletree Ind Trust's first-quarter distribution per unit fell 4.7% year-on-year to 3.27 cents

As of the end of June, Mapletree Industrial Trust's distribution per unit (DPU) for the first quarter decreased by 4.7% year-on-year to 3.27 cents, with the distribution amount falling by 4.1% to HKD 93.25 million. The main reason is that the net sale gains from the Donglingfu portfolio were included in the same period last year, and the joint venture Mapletree Rosewood Data Centre Trust experienced increased borrowing costs due to interest rate swaps and repricing. Nevertheless, total revenue and net property income for the first quarter grew by 0.30% and 0.80% year-on-year, respectively. The trust will distribute dividends on September 8, with the unit registration deadline set for August 5