SINGAPORE : Mapletree Logistics Trust said its first quarter distribution per unit rose 35 percent on-year to 1.48 Singapore cents.
This came after its net property income more than doubled to S$25.7 million.
The results were boosted by higher revenue from new properties that it bought over the past year.
MapletreeLog acquired some 25 properties since early 2006.
Its portfolio is now worth about S$1.5 billion, more than double the amount in the first quarter last year.
This came after its net property income more than doubled to S$25.7 million.
The results were boosted by higher revenue from new properties that it bought over the past year.
MapletreeLog acquired some 25 properties since early 2006.
Its portfolio is now worth about S$1.5 billion, more than double the amount in the first quarter last year.
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