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Mapletree Logistics Trust (MLT)
Broker's Calls
S-REITs ‘in better shape’ than two years ago; CICT, MLT top picks: HSBC
HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.
May 17, 2024
Company in the news
Mapletree Logistics Trust proposes divestment of Tuas property for $16.8 mil
The manager says the proposed divestment is in line with its strategy to rejuvenate MLT’s portfolio through selective divestments.
January 29, 2024
Broker's Calls
Analysts mixed on Mapletree Logistics Trust on near-term headwinds and easing occupancy
China’s leasing environment will remain challenging, with negative reversions expected to persist over the next few quarters.
January 29, 2024
Results
MLT posts 1.2% gain in 3QFY2024 DPU to 2.253 cents
MLT posts positive results for 1QFY2024, but remains cautious on strong headwinds and a challenging leasing environment.
January 24, 2024
REITs
MLT to acquire modern Grade A warehouse in Delhi, India, for $14.5 mil
The proposed acquisition will be fully funded by debt. It is expected to be completed by 4QFY2023/2024.
December 13, 2023
Insider moves
Temasek’s Fullerton disposes of 82,200 units in MLT at $1.5753 each
Following the disposal, Fullerton’s stake in MLT now stands at 0.359%.
November 23, 2023
REITs
Mapletree Logistics Trust announces proposed divestments amounting to $54.9 mil
The proposed divestments include a Tuas warehouse in Singapore and two industrial buildings in Johor, Malaysia.
November 10, 2023
Broker's Calls
Brokers' Digest: Suntec REIT, Tiong Woon, MLT, Keppel DC REIT, ComfortDelGro, Hyphens Pharma, Frencken
See what the analysts have to say this week.
October 27, 2023
Insider moves
DBS Bank acquires 750,000 units in MLT for $1.51 apiece
Following the acquisition, DBS’s stake in MLT rose to 0.8596%.
October 26, 2023
Broker's Calls
Maybank lowers Mapletree Logistics Trust’s TP to $1.60 after factoring in higher cost of equity
The analyst has kept his "buy" call due to the REIT’s “disciplined execution” and network of warehouses in the region.
October 26, 2023