Mapletree Industrial Trust (MIT)

SINGAPORE (Oct 23): The manager of Mapletree Industrial Trust (MIT) has announced a 4.0% rise in distribution per unit (DPU) to 3.13 cents for the 2Q19/20 ended September, compared to DPU of 3.01 cents a year ago.

SINGAPORE (Sept 18): Mapletree Industrial Trust (MIT) has closed an upsized private placement of a total of 176.6 million new units at $2.265 each – the top of the issue price range – to raise gross proceeds of nearly $400 million.

Digital Realty will continue to manage the three hyper-scale data centres and 10 Powered Base Building data centres for a one-year transition period.

SINGAPORE (Sept 16): In the last 20 years, the growing universe of real estate investment trusts — with its track record of comparative stability and steady returns and a combined market value of about $100 billion — has helped the Singapore Exchange

SINGAPORE (July 25): Mapletree Industrial Trust (MIT) saw a strong set of 1Q20 results, thanks to continued investment in new and refurbished assets.

SINGAPORE (July 23): The manager of Mapletree Industrial Trust (MIT) has announced distribution per unit (DPU) of 3.10 cents for the 1Q19/20 ended June, some 3.3% higher than DPU of 3.00 cents a year ago, despite an enlarged unit base.

SINGAPORE (July 10): Mapletree Industrial Trust (MIT) will be redeveloping the Kolam Ayer 2 flatted factory cluster into a high-tech industrial precinct.

SINGAPORE (Apr 22): The manager of Mapletree Industrial Trust (MIT) has announced a weighted average distribution per unit (DPU) of 3.08 cents for the 4Q18/19 ended March, some 4.4% higher than DPU of 2.95 cents a year ago.

SINGAPORE (Feb 11): The manager of Mapletree Industrial Trust (MIT) has proposed a private placement to raise gross proceeds of at least $175 million to partly refinance the acquisition of 18 Tai Seng Street.

SINGAPORE (Jan 22): The manager of Mapletree Industrial Trust (MIT) announced a 3Q18/19 DPU of 3.07 cents, 6.6% higher compared to 2.88 cents in 3Q17/18.