Mapletree Logistic Trust

REITs

MLT to divest two properties in Japan for JPY4.3 bil

According to the trust, the divestments are in line with the manager’s efforts to “rejuvenate” its portfolio through selective divestments.
Mapletree Logistics Trust reports DPU decline of 10.6% in 2QFY2025 - THE EDGE SINGAPORE

Results

Mapletree Logistics Trust reports DPU decline of 10.6% in 2QFY2025

The REIT’s distributable income stood at $102.3 million in 2QFY2025, down by 9.1% y-o-y.

Broker's Calls

UOBKH downgrades MLT to ‘hold’ after growth deceleration in 1QFY2025 and persistent weak outlook for China

The REIT’s reported DPU for the quarter came in below expectations at 2.068 cents, down 8.9% y-o-y.

Broker's Calls

Analysts keep ‘buy’ calls on MLT after 1QFY2025 results

Maybank Securities and OCBC Investment Research maintain their “buy” call on the REIT.

REITs

Mapletree Logistics Trust completes divestment of 30 Tuas South Avenue 8

Following this divestment, MLT’s portfolio stands at 186 properties.

Broker's Calls

UOB Kay Hian retains ‘buy’ call on MLT as upgrading of domestic consumption drives recovery for China portfolio

Key tenants, such as JD.com and Cainiao, are keen to renew their leases.

M&A

Mapletree Logistics Trust completes the acquisition of 12 logistics assets in China

Approximately 97.5% of the gross proceeds of the equity fund raising it raised in Nov 2021 has been used to fund the acquisition
Mapletree Logistics Trust raises $692.8 mil in equity funding for acquisitions in China, Vietnam and Japan - THE EDGE SINGAPORE

REITs

Mapletree Logistics Trust raises $692.8 mil in equity funding for acquisitions in China, Vietnam and Japan

The equity fund raise, comprising a private placement and a preferential offering, raised $400 mil and $292.8 mil respectively.
UOB Kay Hian and CGS-CIMB maintain 'hold' calls on MLT, citing unattractive yield  - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian and CGS-CIMB maintain 'hold' calls on MLT, citing unattractive yield

The FY22F dividend yield of about 4.3% is on the lower end when compared to other industrial REITs.
Mapletree Logistics Trust posts 5.7% growth in 2QFY21/22 DPU of 2.173 cents - THE EDGE SINGAPORE

Results

Mapletree Logistics Trust posts 5.7% growth in 2QFY21/22 DPU of 2.173 cents

Unitholders can expect to receive their distributions on Dec 14
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