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Mapletree Industrial Trust (MIT)
Property
Mapletree Industrial Trust to redevelop Kolam Ayer 2 flatted factory cluster for $263 mil
SINGAPORE (July 10): Mapletree Industrial Trust (MIT) will be redeveloping the Kolam Ayer 2 flatted factory cluster into a high-tech industrial precinct.
July 10, 2019
Results
Mapletree Industrial Trust posts 4.4% rise in 4Q DPU to 3.08 cents
SINGAPORE (Apr 22): The manager of Mapletree Industrial Trust (MIT) has announced a weighted average distribution per unit (DPU) of 3.08 cents for the 4Q18/19 ended March, some 4.4% higher than DPU of 2.95 cents a year ago.
April 22, 2019
Mapletree Industrial Trust announces private placement to raise at least $175 mil
SINGAPORE (Feb 11): The manager of Mapletree Industrial Trust (MIT) has proposed a private placement to raise gross proceeds of at least $175 million to partly refinance the acquisition of 18 Tai Seng Street.
February 11, 2019
Results
Mapletree Industrial Trust posts 6.6% increase in 3Q DPU to 3.07 cents on share of profit in JV
SINGAPORE (Jan 22): The manager of Mapletree Industrial Trust (MIT) announced a 3Q18/19 DPU of 3.07 cents, 6.6% higher compared to 2.88 cents in 3Q17/18.
January 22, 2019
Broker's Calls
Will strong fundamentals shield Mapletree Industrial Trust from market headwinds?
SINGAPORE (Oct 25): DBS Vickers Securities and Maybank Kim Eng are remaining positive on the outlook of Mapletree Industrial Trust (MIT) post the release of its latest 2Q set of financials, which saw a marginal 0.3% y-o-y growth in quarterly DPU on rising
October 25, 2018
Results
Mapletree Industrial reports 0.3% higher 2Q DPU of 3.01 cents on higher contributions
SINGAPORE (Oct 23): The manager of Mapletree Industrial Trust (MIT) announced DPU for 2Q19 ended Sept rose 0.3% year-on-year to 3.01 cents.
October 23, 2018
Broker's Calls
MIT kept at 'neutral' on headwinds from vacancies and negative reversions
SINGAPORE (July 26): Phillip Capital is maintaining Mapletree Industrial Trust (MIT) at “neutral” with a target of $2.09 given headwinds from vacancies and negative reversions in the industrial sector.
July 26, 2018
Results
Mapletree Industrial Trust posts 2.7% rise in 1Q DPU to 3 cents
SINGAPORE (July 24): The manager of Mapletree Industrial Trust (MIT) has announced a distribution per unit of 3 cents for the 1Q ended June, 2.7% higher than its 1Q18 DPU of 2.92 cents a year ago.
July 24, 2018
Broker's Calls
Mapletree Logistics Trust kept at 'buy' by OCBC following strong start to FY19
SINGAPORE (July 24): OCBC Investment Research is maintaining its “buy” call on Mapletree Logistics Trust (MLT) with a fair value estimate of $1.34, after its manager posted a set of 1Q19 results which came in line with the research house’s expectati
July 24, 2018
Broker's Calls
Why a data centre at 7 Tai Seng Drive makes 'perfect sense' for Mapletree Industrial: DBS
SINGAPORE (Apr 30): DBS Vickers Securities is maintaining its “buy” call on Mapletree Industrial Trust (MIT) with a target price of $2.22, which has yet to price in the REIT’s potential acquisition of a warehouse at 7 Tai Seng Drive for $68 million
April 30, 2018