Mapletree Logistics Trust

Logistics assets in Australia are much in demand given the competition for the portfolio acquired by ESR and GIC

Selected REITs made acquisitions in 2020, increased their units base, and the growth in NPI and DPU are likely to occue in 2021.

Take a look at these six stocks this week, including Mapletree Logistics Trust, Soilbuild REIT, and Singtel.

The manager intends to use about $632.5 million to partially fund the acquisitions announced yesterday.

Mapletree Logistics Trust announced it plans to acquire a portfolio of properties from its sponsor for $1.04 billion

For the next few months, investors may start monitoring price to net asset value for REITs rather than their yields.

Here are three stocks to watch for the week: ComfortDelGro, Mapletree Logistics Trust and Singapore Exchange.

SINGAPORE (April 29): CGS-CIMB Research is downgrading its call on Mapletree Logistics Trust (MLT) from “add” to “hold” due to high valuations of 1.3 times price-to-book and a 5.4% yield, as well as the risk of a default from CWT.

SINGAPORE (April 22): A trio of Singapore industrial real estate investment trusts (REITs) is feeling the fallout from CWT International’s default.

SINGAPORE (Apr 4): Singapore REITs (S-REITs) have a seen net institutional inflows of $82.7 million, $42.7 million and $114.2 million for the respective first three months of 2019, according to recent SGX data for 1Q19.