Mapletree Logistics Trust (MLT)

Broker's Calls

Macquarie initiates coverage on 11 S-REITs after 'two false starts' for rate-cut rally

Analysts from Macquarie have named CapitaLand Ascendas REIT, Keppel DC REIT, Mapletree Logistics Trust (MLT) and Mapletree Pan Asia Commercial Trust as their top picks.

REITs

China pressures MLT; Japan pressures MPACT

Analysts prefer MLT despite pressure from China which is well flagged, MPACT under pressure from Japan

Broker's Calls

Analysts mostly keep ‘buy’ calls on MLT as 2QFY2025 results in line with expectations

The analysts' target prices range from $1.45 to $1.75.

Company in the news

Briefs: Keppel REIT, Mapletree Logistics Trust report results, CapitaLand Ascott Trust divests Tianjin property

Plus, Great Eastern to have until January to comply with free float rule, HSBC reorganises and Goldman Sachs says decade of S&P 500 gains is over.

Results

Mapletree Logistics Trust announces DPU decline of 8.9% in 1QFY2025

MLT's 8.9% y-o-y decline in 1QFY2025 DPU caused by China and weaker yen and yuan
Mapletree Logistics Trust’s manager guides for negative rental reversions ‘over the next few quarters’ - THE EDGE SINGAPORE

REITs

Mapletree Logistics Trust’s manager guides for negative rental reversions ‘over the next few quarters’

The manager of Mapletree Logistics Trust has guided for softer leasing activity in China, citing the “uncertain market outlook”.

Broker's Calls

More divestments on the cards for Mapletree Logistics Trust, including asset sales to sponsor: Citi

The manager of MLT says it wants to sell more property in China and be more aggressive in selling.

China Focus

Chinese warehouses, industrial parks grappling with surprising slowdown

Singapore-listed REITs with China assets have underperformed the broader stock market.

REITs

MLT agrees to divest Neythal Road property for $13.8 mil

According to MLT, the sale price is 34.0% above the property’s latest valuation of $10.3 million as at March 31.
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