Analysts mostly maintain their ‘buy’ calls on Mapletree Industrial Trust after 2QFY2025 results

Analysts from UOB Kay Hian (UOBKH), CGS International, DBS Group Research and Citi Research have maintained their “add” and “buy” calls on Mapletree Industrial Trust (SGX:ME8U) (MINT), following the REIT’s release of its 2QFY2025 ended Sept 30 results, on Oct 29. Morningstar is less upbeat with a maintained rating of “two stars”.

MINT announced a 2QFY2025 distribution per unit (DPU) of 3.37 cents, 1.5% higher y-o-y while distribution income to unitholders rose by 1.9% y-o-y to $95.8 million. The DPU and distribution income includes divestment gains from Tanglin Halt.