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Stock Chart
Last Done 0.895
Change -0.005 (-0.56%)
Volume 889.2
Range 0.885 - 0.900

ARA LOGOS Logistics Trust: Distributable Income Grows 36.6% Year-On-Year.

22 Jul 2021 09:56

Continues to deliver a robust performance for the period; 1H FY2021 DPU grew 10.6% year-on-year to 2.570 cents. Total value of ALOG's portfolio increased to S$1.8 billion. Net Asset Value per Unit increased 17.5% to S$0.67 from S$0.57 as at 31 December 2020 at the back of higher appraised value of investments. Healthy portfolio occupancy rate of 98.2% with a longer WALE of 4.4 years by NLA and positive rental reversion of 2.4% was achieved for leases secured in 1H FY2021. Continues to rebalance the portfolio through completion of maiden Australian portfolio acquisition from Sponsor, LOGOS, as well as divestments of Kidman Park in Australia and ALOG Changi DistriCentre 2 in Singapore...

More information available here.

Source: ShareInvestor Express

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