Mapletree Logistics Trust

For the next few months, investors may start monitoring price to net asset value for REITs rather than their yields.

Here are three stocks to watch for the week: ComfortDelGro, Mapletree Logistics Trust and Singapore Exchange.

SINGAPORE (April 29): CGS-CIMB Research is downgrading its call on Mapletree Logistics Trust (MLT) from “add” to “hold” due to high valuations of 1.3 times price-to-book and a 5.4% yield, as well as the risk of a default from CWT.

SINGAPORE (April 22): A trio of Singapore industrial real estate investment trusts (REITs) is feeling the fallout from CWT International’s default.

SINGAPORE (Apr 4): Singapore REITs (S-REITs) have a seen net institutional inflows of $82.7 million, $42.7 million and $114.2 million for the respective first three months of 2019, according to recent SGX data for 1Q19.

SINGAPORE (July 23): The manager of Mapletree Logistics Trust (MLT) has announced an available distribution per unit (DPU) of 1.957 cents for the 1Q19 ended June, up 3.7% from its 1Q18 DPU of 1.887 cents a year ago.

SINGAPORE (July 9): US President Donald Trump will travel to Brussels on July 11 and 12 for a North Atlantic Treaty Organization summit. The members of NATO include six of the seven countries that comprise the G7. The last time he met with his European al

SINGAPORE (May 2): UOB Kay Hian is keeping “overweight” on Singapore REITs (S-REITs) post the announcement of Mapletree Logistics Trust (MLT) and Frasers Hospitality Trust’s (FHT) latest set of quarterly results, which the research house continues t

SINGAPORE (Jan 24): DBS Vickers Securities is maintaining its “buy” recommendation on Mapletree Logistics Trust (MLT) with a higher target price of $1.45, above the consensus average of $1.35, to account for potential new acquisitions.

SINGAPORE (Sept 13): Mapletree Logistics Trust is planning an equity fund raising to raise gross proceeds of up to $640 million to partially fund its latest acquisition in Hongkong and finance redemption of perpetual securities.