Mapletree Pan Asia Commercial Trust 1Q FY24/25 distribution per unit fell 4.1% year-on-year to 2.09 cents from 2.18 cents in 1Q FY23/24. Summary of Mapletree Pan Asia Commercial Trust's 1Q FY24/25 results Mapletree Pan Asia Commercial Trust (MPACT) reported its results and dividends for the first quarter fiscal year 24/25 (1Q FY24/25) for the quarter ending 30th June 2024.

• Mapletree Pan Asia Commercial Trust's 1Q FY24/25 distribution per unit (DPU) fell 4.1% year-on-year to 2.09 cents, compared to 2.18 cents in 1Q FY23/24.
• This translates to an annualized yield of 6.5%.
• The decline in the DPU was driven largely by an increase in finance costs.
• Mapletree Pan Asia Commercial Trust's 1Q FY24/25 DPU fell 8.7% compared to the DPU of 2.29 cents in the previous quarter.

Source: Mapletree Pan Asia Commercial Trust Revenue and net property income were little changed compared to the previous year. Mapletree Pan Asia Commercial Trust's portfolio occupancy fell to 94.0% in 1Q FY24/25 from 96.1% in 4Q FY23/24....