Basic Profile & Key Statistics
Performance Highlight
MLT's gross revenue and NPI experienced a slight decline YoY, primarily due to lower contributions from its China properties, divested assets, and the weakening of foreign currencies against the SGD. The amount distributable to unitholders and DPU saw a more significant drop, impacted by higher borrowing costs, reduced distributions from divestment gains, and increased tax expenses.
Rental Reversion
In 2Q FY24/25, portfolio rental reversion stood at -0.6%, with only the China properties experiencing negative reversion.
Divestment