- Mapletree Industrial Trust (SGX:ME8U) has secured a replacement tenant from the healthcare services sector for its data centre at Brentwood, Tennessee. The new lease has a long duration of 30 years and provides rental escalation of 2% per year.
- - Read this at SGinvestors.io -
Leadership renewal for Mapletree Industrial Trust
- CFO Ler Lily will be promoted to CEO with effect from 22 Jul 24. She was CFO of Mapletree Industrial Trust since Nov 11 and played an instrumental role in supporting Mapletree Industrial Trust’s expansion into data centres in North America and Japan and development projects in Singapore.
- - Read this at SGinvestors.io -
Secured replacement tenant at Brentwood, Tennessee.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-06-14
Read also UOB's most recent report:
2024-11-01 Mapletree Industrial Trust - Generating Positive Reversions & Stable Occupancies In 2QFY25.
Previous report by UOB:
2024-10-03 Mapletree Industrial Trust - Further Expansion In Japan With Potential For Redevelopment.
Price targets by 3 other brokers at Mapletree Industrial Trust Target Prices.
Listing of research reports at Mapletree Industrial Trust Analyst Reports.
Relevant links:
Mapletree Industrial Trust Share Price History,
Mapletree Industrial Trust Announcements,
Mapletree Industrial Trust Dividends & Corporate Actions,
Mapletree Industrial Trust News Articles
