Basic Profile & Key Statistics ARA LOGOS Logistics Trust (ALOG) is a pure Logistics REIT that owns 27 properties in Singapore and Australia.
Quarter Performance ReviewGross revenue and NPI increased by 7.5% YoY and 8.3% YoY respectively due to higher revenue contribution and commencement of the new leases. Distributable income increased by 12.3% YoY. If we consider only distribution from the operation, the increase is 19%.
DPU increased by 11.3%. DPU from operation increased by 17.9%. 0.092 cents is from the release of retention.

Rental reversion dropped by 9.4% in 3Q alone, while the rental version YTD is -1.0%.
Lease Profile Committed occupancy remains slightly high at 97%. WALE is short at 2.5 years where the highest lease expiry of 32.8% falls in 2021. Weighted land lease expiry (by GRI) is short at 45.24 years. 
Debt Profile

Gearing ratio is high at 40.5%. Cost of...