Basic Profile & Key Statistics ARA LOGOS Logistics Trust (ALOG) is a pure Logistics REIT that owns 36 properties in Singapore and Australia. This number includes 9 Australia properties that were acquired in April and excludes 1 acquired property that is under development.
Performance Highlight Gross revenue and NPI increased YoY by 8.2% and 8.7% respectively due to e commencement of new leases at several properties as well as higher revenue generated from the Australia properties. Include the 2.5mil retention in 1Q 2020 and exclude the 0.6 mil capital distribution in 1Q 2021, the DPU is increased by 6.6% YoY. The capital distribution refers to reimbursements received from the vendor in relation to outstanding lease incentives at the point of completion of the acquisition of certain properties in Australia and rental support received from the vendor in relation to a property acquired in Australia.Rental reversion is at 0.9%.
ALOG...