Mapletree Industrial Trust full-year DPU falls 6.3%
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Mapletree Industrial Trust reported a 6.3% decline in full-year distribution per unit (DPU) to 12.71 cents for FY25/26, with gross revenue falling 5.5% to $673.0 million and net property income down 5.9% to $500.4 million. Profit attributable to unitholders dropped 37.1% to $211.2 million. The fourth quarter saw an 8.0% decrease in DPU to 3.09 cents, alongside a $65.5 million loss due to a $134.5 million fair value loss on investment properties. Aggregate leverage improved to 34.0%, but near-term performance is expected to be impacted by lease non-renewals and higher borrowing costs.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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