Mapletree Logistics books 78% jump in full year distributable income

Mapletree Logistics Trust has booked a 78% increase in distributable income for the year ended in December.

Dictributable income came in at S$71.8 millions, beating its own forecast.

Mapletree said distribution per unit for the whole year amounted to 6.57 cents, up 30% on year.

Mapletree’s portfolio is branching out to 75 properties across five countries. – CNA /ls

Source : Channel NewsAsia – 23 Jan 2008

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