Welcome!
Mapletree Industrial Trust (MINT)
Broker's Calls
Analysts keep 'buy' on Mapletree Industrial Trust after yet another strong quarter
The brokerages have given MINT target prices ranging from $3.30 to $3.72.
January 31, 2022
REITs
Rollin’ good times for data centre REITs
Demand for data centres and data centre REITs are hot and the S-REIT scene is about to get hotter with new Digital Core REIT.
December 02, 2021
Broker's Calls
UOB Kay Hian maintains 'buy' call on MINT, lifts TP to $3.72
The FY22F and FY23F DPU forecast is also raised by 1% and 3% respectively
October 28, 2021
Results
Mapletree Industrial Trust posts 11.9% higher DPU for 2Q21/22, driven by contributions from US portfolio acquisition
Gross revenue and net property income grew by 50.5% and 47.4% y-o-y to $155.6 million and $120.3 million respectively.
October 26, 2021
Broker's Calls
Analysts positive on MINT's 1Q22 results, deems it 'good start' to the new FY
The analysts -- with the exception of OCBC -- have upped their target price estimates starting from $3.16.
August 02, 2021
Results
Mapletree Industrial Trust posts 16.7% higher DPU for 1Q21/22 from contributions from North American data centres
Distributable amount for the quarter stood 17.2% higher y-o-y at $82.7 million.
July 27, 2021
REITs
Mapletree Industrial Trust to launch preferential offering of 118 mil new units at $2.64 per unit
The preferential offering will open on Jun 3 at 9am.
June 03, 2021
Broker's Calls
Analysts positive on MINT’s acquisition of US data centres, but most keeping TP unchanged pending deal closure
The acquisition is scheduled to complete by 3Q21.
May 21, 2021
Equity raising
Mapletree Industrial Trust closes $513 mil private placement, sets preferential offering issue price at $2.64
The REIT will receive about $823 mil in total gross proceeds from the equity fund raise.
May 21, 2021
Equity raising
Mapletree Industrial Trust seeks to raise $800 mil via private placement and preferential offering
$726.5 mil of the proceeds will be used to partially finance the acquisition of a portfolio of US data centres.
May 20, 2021