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Mapletree Industrial Trust (MINT)
REITs
Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil
The manager of MINT says the acquisition will be financed via proceeds from an equity fundraising and debt.
May 20, 2021
Broker's Calls
Broker's Digest: Japfa, Cromwell European REIT, FEHT, Mapletree Industrial Trust, Micro-Mechanics, Venture Corp
See the analysts' recommendations and target prices here.
May 07, 2021
Broker's Calls
It’s a 'buy' for MINT all around as it concludes another 'robust' quarter: analysts
CGS-CIMB has upgraded their recommendation to "add" from "hold" while DBS has kept "buy" on MINT.
May 04, 2021
Results
MINT posts 2.5% higher DPU of 12.55 cents for FY20/21 due to consolidation of revenue and expenses from US data centres
The REIT reported DPU of 3.30 cents for the 4QFY2020/2021, which includes the $7.1 million previously withheld the year before.
April 29, 2021
Broker's Calls
MINT sees uptick in high-tech segment, but faces challenging conditions: analysts
Management expects operating conditions to remain challenging and drag on rents to persist over the next few quarters.
February 02, 2021
Results
Units in Mapletree Industrial Trust dip 1.0% after posting 3.8% increase in 3Q DPU
Unitholders can expect to receive their distribution on March 8.
February 01, 2021
Contracts
Lum Chang Holdings wins $127.1 mil contract from Mapletree Industrial Trust for Kallang Way project
Lum Chang says the earnings from the project will be recognised progressively throughout the stages of its completion.
November 16, 2020
Broker's Calls
Analysts mostly positive on Mapletree Industrial Trust after 2Q results release
It's a "buy" for DBS, Maybank and OCBC, while CGS-CIMB has maintained its "hold" call on the REIT.
October 29, 2020
Results
Mapletree Industrial Trust posts 1% dip in 2Q DPU of 3.10 cents on enlarged unit base
This brings DPU for 1HFY2020/2021 to 5.97 cents, 4.2% lower than the DPU of 6.23 cents a year ago.
October 27, 2020
STI watch
STI dips slightly on cautious trading despite Phase 3 announcement
The Straits Times Index (STI) dipped 0.3% to 2,534.96 as at noon of Oct 26, from 2,543.57 last week.
October 26, 2020