Monday, June 12, 2023

Mapletree Log Tr

  Chart wise, she has managed to bounced off from the low of 1.62 and closed higher at 1.67 looks rather bullish!

Short term wise, with rate hike likely pause in June reit may get lifted! I think likely to rise upbto test 1.70! 

A nice breakout smoothly plus high volume that may likely drive the price higher towards 1.80 and beyond!

Yearly dpu of 9 cents, yield is 5.4% of which I think is quite good! 

Gearing is below 40%. Market cap is about 8.225b. 

Pls dyodd.

Mapletree Logistics Trust (“MLT”) is Singapore’s first Asia-focused logistics real estate investment trust. Listed on the Singapore Exchange Securities Trading Limited in 2005, MLT invests in a diversified portfolio of quality, well-located, income producing logistics real estate in Singapore, Hong Kong SAR, Japan, China, Australia, South Korea, Malaysia, Vietnam and India.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive

total returns through the following strategies:

  1. optimising organic growth and hence, property yield from the existing portfolio; 
  2. making yield accretive acquisitions of good quality logistics properties; and
  3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.
Recent acquisition of 6 logistics assets in Japan and a logistics assets in Korea.  

Portfolio Overview

Our properties, built to modern building specifications, are strategically located near to major expressways and established logistics clusters in nine geographic markets across Asia Pacific.

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