Tuesday, July 26, 2011

MapleTree Industrial Trust - Results Exceeds Forecast


Mapletree Industrial Trust: Delivers DPU Of 1.98 Cents For 1Q FY2011, Exceeding Forecast By 8.8%.

26 Jul 2011 21:31
Distribution per Unit of 1.98 cents, higher than IPO Forecast by 8.8% for the First Quarter Financial Year 2011 from 1 April to 30 June 2011. Higher average occupancy rate of 94.3% and higher average passing rental rate of S$1.52 per square foot per month for 1Q FY2011. Maiden acquisition of Tranche 2 of JTC Second Phase Divestment Exercise Portfolio on track for completion by end August 2011

Ronald K