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Thursday, January 27, 2011

MapletreeInd Q4 2010 Quarterly Earnings Report

MapletreeInd Q4 2010 Quarterly Earnings Report:
Key Points
  • DPU of 1.52 cents higher than forecast by 13.4% for the period from Listing Date of 21 October 2010 to 31 December 2010.
  • Healthy average occupancy rate of 92.3% and average passing rental rate of $1.45 per square feet per month for Third Quarter Financial Year 2010.
  • Unitholders can expect to receive their quarterly DPU for the period 21 October to 31 December 2010 on Monday, 28 February 2011. 
  • The closure of MIT’s transfer books and register of unitholders is 5.00pm on Tuesday, 1 February 2011
  • NAV per unit of $0.87 as at 31 December 2010.
Author's Note
The DPU of 1.52 cents from the period from Listing Date of 21 October 2010 to 31 December 2010 will be paid on 28 February 2011. Books closure is on 1 Feb 2011.

This is the first distribution by Mapletree Industrial Trust since its listing on 21 Oct 2010.

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