- Mapletree Industrial Trust reported DPU of 3.41 cents for 3QFY25 (+1.5% y-o-y), which is in line with our expectation.
Growth driven by acquisitions in Japan.
- - Read this at SGinvestors.io -
- Distribution declared by JV, Mapletree Rosewood Data Centre Trust in the US, declined 15% y-o-y due to higher borrowing costs as hedges were replaced at higher interest rates.
Broad-based growth across Singapore & North America.
- Mapletree Industrial Trust achieved positive rental revision of 9.8% for its Singapore portfolio in 3QFY25 (hi-tech: +5.4%, business park: +14.4%, flatted factories: +10.1% and stack-up/ramp-up: +8.6%).
- - Read this at SGinvestors.io -
Portfolio occupancy eased 0.8ppt q-o-q to 92.1%.
- 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/ 2025-01-24
Previous report by UOB:
2024-11-01 Mapletree Industrial Trust - Generating Positive Reversions & Stable Occupancies In 2QFY25.
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 Dividend Payout Dates & Corporate Actions,
Mapletree Industrial Trust News
