SGX Largest Industrial REITs' December19 Quarter Earnings
Among at least 10 industrial trusts listed on SGX, the 3 largest by market cap are: Ascendas REIT, Mapletree Logistics Trust and Mapletree Industrial Trust. For the Dec19 quarter, Ascendas REIT reported the highest DPU of 3.507 cents, followed by Mapletree Industrial Trust with a DPU of 3.16 cents. The trio averaged an 8.8% y-o-y rise in net property income, while gross revenue gained an average 5.3% y-o-y.