On 26th April 2022, Mapletree Industrial Trust has announced their 4QFY21/22 Financial Results. In 2020, Mapletree Industrial Trust added data centres into their portfolio
. As such if you do not like a pure data centre REIT like Keppel DC REIT
, you can consider Mapletree Industrial Trust.
Almost 1 year after the addition of data centres into Mapletree Industrial Trust’s portfolio, how did the REIT fare in terms of financial performance?
Let us find out more below.
Mapletree Industrial Trust 4QFY21/22 Financial Results
4QFY21/22 Distributable Income increased 27.7% to S$90 million.
DPU increased 5.8% to 3.49 cents.
|Net Property Income
|Amount Distributable To Unitholders
|Distribution Per Unit (“DPU”) (cents)
Mapletree Industrial Trust Full Year FY21/22 Financial Results
Gross revenue and net property income for FY21/22 increased 36.4% and 34.5% year-on-year to S$610.1 million and S$472.0 million respectively.
The increases were mainly driven by contributions from the acquisition of 29 data centres in the United States of AmericA...