ARA LOGOS Logistics Trust’s DPU Grew 8.9% in H2 2020
January 27, 2021 – ARA LOGOS Logistics Trust announced that it has achieved a distribution per unit (DPU) of 2.927 Singapore cents in the second half of 2020, up 8.9% from the same period in the previous year.
ARA LOGOS Logistics Trust announced a Distributable Income of S$33.5 million for the period 1 July 2020 to 31 December 2020.
hief Executive Officer of the Manager, Ms Karen Lee commented: “We are pleased to have concluded FY2020 with a strong performance for our Unitholders. Our robust financial and operational performance, which were achieved despite the challenges resulting from the COVID-19 pandemic, reflects the strength and defensiveness of ALOG’s portfolio. Backed by our Sponsor, LOGOS, we will continue to execute our Portfolio Rebalancing and Growth Strategy to drive long-term sustainable returns for our Unitholders.”
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