Mapletree Industrial Trust (MIT)

Take a look at these three stocks this week: UMS Holdings, Hyphens Pharma, Mapletree Industrial Trust

The increase in distributable income was mainly due to higher 1Q20/21 net property income (NPI), which improved marginally by 0.9% y-o-y to $78.7 million, and new contributions from the acquired 13 data centres in North America.

CGS-CIMB Research has downgraded the stock to "hold" while Maybank has maintained its "buy" call.

SINGAPORE (Nov 25): The outlook for Singapore Real Estate Investment Trusts (REITs) remains favourable and is seeing signs of distribution per unit (DPU) recovery in the retail and industrial sectors in the latest 3Q2019 results. In a report filed on N

SINGAPORE (Oct 23): The manager of Mapletree Industrial Trust (MIT) has announced a 4.0% rise in distribution per unit (DPU) to 3.13 cents for the 2Q19/20 ended September, compared to DPU of 3.01 cents a year ago.

SINGAPORE (Sept 18): Mapletree Industrial Trust (MIT) has closed an upsized private placement of a total of 176.6 million new units at $2.265 each – the top of the issue price range – to raise gross proceeds of nearly $400 million.

Digital Realty will continue to manage the three hyper-scale data centres and 10 Powered Base Building data centres for a one-year transition period.

SINGAPORE (Sept 16): In the last 20 years, the growing universe of real estate investment trusts — with its track record of comparative stability and steady returns and a combined market value of about $100 billion — has helped the Singapore Exchange

SINGAPORE (July 25): Mapletree Industrial Trust (MIT) saw a strong set of 1Q20 results, thanks to continued investment in new and refurbished assets.

SINGAPORE (July 23): The manager of Mapletree Industrial Trust (MIT) has announced distribution per unit (DPU) of 3.10 cents for the 1Q19/20 ended June, some 3.3% higher than DPU of 3.00 cents a year ago, despite an enlarged unit base.