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Citing diversified portfolio, OCBC and DBS maintain positive call on Mapletree Industrial Trust

The Edge Singapore
The Edge Singapore • 3 min read
Citing diversified portfolio, OCBC and DBS maintain positive call on Mapletree Industrial Trust
Photo: Mapletree Industrial Trust
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Analysts from both OCBC Investment Research and DBS Group Holdings have kept their "buy" calls on Mapletree Industrial Trust, following 4QFY2023 numbers that met their expectations and proving that its diversified portfolio translates into income resilience.

For the quarter ended March 2023, MINT reported a distribution per unit of 3.33 cents, down slightly from both the year-earlier and quarter-earlier periods.

Gross revenue and net property income held up and were in line with expectations too.

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