- Mapletree Logistics Trust eked out positive rental reversions of 2.9% in 4QFY24 driven by Singapore (+11.1%), despite the drag from China (-10.0%). Portfolio occupancy was stable at 96.0% as of Mar 24.
- - Read this at SGinvestors.io -
Mapletree Logistics Trust (MLT) reported 4QFY24 results
- Mapletree Logistics Trust (SGX:M44U) reported DPU of 2.211 cents for 4QFY24 (-2.5% y-o-y), which is in line with our expectation. The results included divestment gains of S$12.0m.
Hampered by strong S$.
- - Read this at SGinvestors.io -
- On a constant currency basis, revenue and NPI would have grown by 3.6% and 3.0% y-o-y respectively. Higher contribution from existing properties and new acquisitions were offset by weaker performance in China.
Persistent weakness from China.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-05-02
Read also UOB's most recent report:
2026-01-29 Mapletree Logistics Trust 3QFY26 - Positive Rental Reversion At Low Single-digit.
Previous report by UOB:
2025-10-30 Mapletree Logistics Trust - 2QFY26 Moderation In Rental Reversion.
Price targets by 3 other brokers at Mapletree Logistics Trust Target Prices.
Listing of research reports at Mapletree Logistics Trust Analyst Reports.
Relevant links:
Mapletree Logistics Trust Share Price History,
Mapletree Logistics Trust Announcements,
Mapletree Logistics Trust Dividend Payout Dates & Corporate Actions,
Mapletree Logistics Trust News
