pstrongIn 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY./strong/p pPrices and rental indices of all industrial space rose in 3Q23, data from JTC showed./p pIn 3Q23, prices rose 1.4% QoQ and 6.2% YoY, whilst the rental index jumped 2.0% QoQ and 9.3% YoY.
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.In 3Q23, prices rose 1.4% QoQ and 6.2% YoY, whilst the rental index jumped 2.0% QoQ and 9.3% YoY.
On the flip side, occupancy fell during 3Q23, slipping by 0.2 percentage points QoQ to 88.9%. YoY, occupancy fell by 0.8 percentage points,
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Mapletree Industrial Trust's net property income drops 1.4% YoY to $128.6m in 2QFY23/24pstrongIn the same quarter, DPU fell 1.2% YoY./strong/p pMapletree Industrial Trust (MIT) posted a 1.4% YoY lower net property income (NPI) of $128.6m in 2QFY23/24./p pThe REIT also reported a 1.2% YoY lower distribution per unit (DPU) of $0.0332.
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