Mapletree Industrial Trust 4QFY25 - UOB Kay Hian 2025-05-05: Addressing Potential Non-renewal Of Leases For Data Centres

• Mapletree Industrial Trust reported DPU of 3.36 cents for 4QFY25 (flat y-o-y), which is marginally above our expectation.

Growth driven by acquisitions in Japan.

• - Read this at SGinvestors.io -
• Distribution declared by a JV, Mapletree Rosewood Data Centre Trust, declined 40.8% y-o-y due to higher borrowing costs as hedges were replaced at higher interest rates.

Broad-based growth across all property segments in Singapore.

• Mapletree Industrial Trust achieved positive rental revision of 8.1% for its Singapore portfolio in 4QFY25 (flatted factories: +12%, stack-up/ramp-up: +9.9%, hi-tech: +1.4% and business park: +2.8%).
• - Read this at SGinvestors.io -

Portfolio occupancy eased 0.5ppt q-o-q to 91.6%.

• 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/.

Previous report by UOB:
2025-02-12 Mapletree Industrial Trust - Weathering The Bumpy Ride.

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