Mapletree Industrial Trust 1Q FY26 DPU drops 4.9% y/y to 3.11 cents; revenue falls 7.7% y/y to S$162.31 million

• Mapletree Industrial Trust posted 1QFY26/27 distribution per unit of 3.11 Singapore cents, down 4.9% year-on-year.
• Net property income fell 8.5% year-on-year to S$122.3 million; gross revenue dropped 7.7% to S$162.3 million.
• Amount available for distribution to unitholders slid 4.8% year-on-year to S$88.8 million, despite borrowing costs falling 24.6% to S$18.5 million.
• Portfolio occupancy edged down 0.5 percentage point quarter-on-quarter to 90.7%, as North America declined to 82.5% from 86.1%.
• Aggregate leverage rose to 37.5% from 34.0%, while the manager flagged S$600 million of hedges expiring in FY26/27.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mapletree Industrial Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: R5Y2AEYP92O1GJUO) on July 23, 2026, and is solely responsible for the information contained therein.