SINGAPORE (Oct 26): Mapletree Industrial Trust on Tuesday announced its 2Q17/18 earnings declaring a 6% increase in DPU to 3 Singapore cents compared to 2.83 Singapore cents last year.
This was due to a one-off gain from a pre-termination compensation of S$3.1 million from Johnson & Johnson. If not for this, DPU would have remained flat y-o-y.
The trust also on Tuesday announced that it has entered into a joint venture (JV) with Mapletree Investments to acquire a portfolio of 14 data centres in the US for S$1.02 billion... (Click here to read the full story.)