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Launch what?🧐 Funds raising exercise?😮
seanpent ( Date: 10-Jun-2025 15:57) Posted:
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Mr Maples all ready to launch
Mapletree Logistics Trust completes divestment of 1 Genting Lane total AUM at $13.3 bil
The manager of Mapletree Logistics Trust(MLT) Management announced today that the trust has completed the divestment of its 1 Genting Lane property.
The divestment of the property was first announced last December, for a sale consideration of $12.3 million, 35.2% above its valuation of $9.1 million as at Oct 1.
The property is a 36-year old industrial building, which comprises a seven-storey warehouse with an office and showroom. The property has a net lettable area of approximately 6,050 sqm on a land site of around 3,372 sqm.
Following this divestment, MLT&rsquo s portfolio stands at 179 properties and the total value of assets under management is $13.3 billion, as at end March 2025.
Yes this is fine reit
The Edge Singapore reports that DBS Group Research has kept its "buy" rating and $1.55 target price for Mapletree Logistics Trust (MLT). Despite some analysts lowering their target prices, DBS sees MLT as an "undervalued play". The recent sell-off has left MLT trading at a high yield, making it a "tactical opportunity" to re-enter, according to DBS.
Accelerating ... the Mapletree trio ...
Delvyss ( Date: 24-Apr-2025 13:05) Posted:
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This going North leh? Move to 1.2xx soon. Huat.
HB8289 ( Date: 08-May-2025 09:06) Posted:
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Sliding South alraedy
Mapletree Logistics Trust
On Apr 25, Mapletree Logistics Trust Management executive director and CEO Jean Kam acquired 100,000 units of MLT at S$1.14 a unit. This increased her interest to 179,800 units.
Before the acquisition, MLT provided its Q4 FY2025 results, in which revenue decreased by 0.8 per cent from the year before to S$179.6 million, mainly due to lower contributions from China, divested properties and currency depreciation.
This was partially offset by stronger performance in Singapore, Australia and Hong Kong, along with recent acquisitions. Consequently, net property income fell by 1.6 per cent to S$152.8 million.
Kam highlighted that the focus for FY2026 would be on tenant retention, cost management and proactive capital management to counteract macroeconomic uncertainties, even as it continues its rejuvenation strategy.
She added the real estate investment trust&rsquo s redevelopment project at 5A Joo Koon Circle had committed 46 per cent of its lettable space ahead of receiving its Temporary Occupation Permit in May 2025, with another 30 per cent in active negotiation.
Mapletree Logistics Trust reports DPU of 1.955 cents for 4QFY2025, down 11.6% y-o-y
Mapletree Logistics Trust (MLT) has reported a distribution per unit of 1.955 cents for the 4QFY2025 ended March 31, 2025, down 11.6% from the 2.211 cents from the year ago.
This brings the full-year DPU to 8.053 cents, down 10.6% from the 9.003 cents in FY2024.
The REIT' s gross revenue for the 4QFY2025 came in at $179.6 million, 0.8% y-o-y lower. For the full year, gross revenue came in 0.9% y-o-y lower at $727 million.
This is due to lower contribution from existing properties in China, absence of revenue contribution from divested properties and effect from depreciation of various currencies against the Singapore dollar.
The REIT says that the decrease in gross revenue was moderated by higher contribution from existing properties in Singapore, Australia and Hong Kong SAR, and contribution from acquisitions in Malaysia and Vietnam completed in 1QFY2025.
The REIT' s borrowing cost rose 4% y-o-y to $38.7 million. Taking into account a lower divestment gain of $7.7 million as compared to $12 million in 4QFY2024, the amount distributable to unitholders declined 10.3% y-o-y and DPU was 11.6% lower on an enlarged unit base.
Net property income for the full year declined 1.5% y-o-y to $625.3 million.
Reflecting the impact of higher borrowing costs, which increased by 7.5% y-o-y, as well as lower divestment gain of $27.0 million as compared to $41.6 million in FY2024, the amount distributable to unitholders fell 9.1% to $406.4 million, and DPU was 10.6% lower at 8.053 cents.
" Despite challenges in the China market, our geographically diversified portfolio has sustained a resilient operational performance with stable occupancy and positive rent reversions achieved in FY24/25. This has helped mitigate the drag on DPU from higher borrowing costs and a lower divestment gain," says Jean Kam, CEO of the manager of MLT.
" Looking ahead, the macroeconomic outlook has grown more uncertain amid ongoing trade tensions, which could weigh on our business performance. Our priority in FY25/26 is to focus on tenant retention and cost management, as well as proactive capital management to mitigate the headwinds from higher borrowing costs and forex volatility. Our rejuvenation strategy remains intact as we continue to look out for potential opportunities to strengthen MLT' s resilience."
Factored in price already. And with dividend as cushioning.
11:43 PM EDT, 04/23/2025 (MT Newswires) -- Mapletree Logistics Trust's (SGX:M44U) distribution per unit or DPU declined 11.6% to SG$0.01955 for the fiscal fourth quarter ended March 31, from SG$0.02211 a year earlier.
Amount distributable to unitholders dropped 10.3% year on year to SG$99.1 million from SG$110.4 million, according to a Wednesday filing with the Singapore Exchange.
Net property income came in at SG$152.8 million, compared with SG$155.3 million in the year-ago period. Meanwhile, gross revenue edged down to SG$179.6 million from SG$181.0 million a year earlier, due to increased property expenses.
The trust booked an occupancy of 96.2% and 5.1% in positive rental reversions.
Shares of the trust were down 4% in recent trading.
Amount distributable to unitholders dropped 10.3% year on year to SG$99.1 million from SG$110.4 million, according to a Wednesday filing with the Singapore Exchange.
Net property income came in at SG$152.8 million, compared with SG$155.3 million in the year-ago period. Meanwhile, gross revenue edged down to SG$179.6 million from SG$181.0 million a year earlier, due to increased property expenses.
The trust booked an occupancy of 96.2% and 5.1% in positive rental reversions.
Shares of the trust were down 4% in recent trading.
Is this latest dividend a special dividend?
Will go below $1 soon .
erhaier ( Date: 09-Apr-2025 10:05) Posted:
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Closing down warehouse fire sale?
Ripe time again for Mapletree trio and Capland reits
Mapletree Logistics Trust (SGX: M44U)
https://www.smallcapasia.com/mapletree-logistics-trust-subdued-results/
Mapletree Logistics Trust completes divestment of Linfox, a warehouse in Malaysia for about $21.65 mil
Mapletree Logistics Trust (MLT) has completed the divestment of its property called Linfox in Section 33, Shah Alam, Selangor, Malaysia for a sale price of RM72 million ($21.65 million), according to a bourse filing on March 19.
This is one of three properties in Malaysia that MLT proposed to divest last September. The other two are Celestica Hub and Zentraline.
Linfox comprises a single-storey detached warehouse and an annex double-storey office, with a net lettable area of 17,984 square metres and building age of approximately 27 years.
The proposed sale price of RM72.0 million for Linfox is 28.6% above the latest valuation of RM56.0 million as at March 31, 2024.
The divestment of all three properties are expected to be completed by FY2024/FY2025. Following the divestment of Linfox, MLT&rsquo s portfolio stands at 180 properties and the total value of assets under management is $13.3 billion.
Dividend paid today
https://www.scmp.com/business/article/3300115/singapores-mapletree-wins-land-tender-adds-tsing-yi-logistics-site-hong-kong-assets?module=perpetual_scroll_0&pgtype=article
Published: 10:26pm, 25 Feb 2025
Hong Kong has awarded Singapore?s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on Tuesday.
Mapletree?s unit Titanium 2 was the sole bidder for the 44,318-square-metre (477,000 sq ft) logistics site in Tsing Yi following a tender that closed on Friday.
The ?positive market response? to the site, known as Tsing Yi Town Lot 202, ?clearly reflects the trade?s continual confidence in Hong Kong?s role as an international logistics hub?, a spokesman for the Transport and Logistics Bureau said.
Three other logistics sites will be released ?in a timely manner, taking into consideration the market situation?, he added.
Mapletree?s real estate portfolio in Hong Kong includes an 11-storey grade-A logistics hub with a gross floor area of 120,550 square metres, also in Tsing Yi, and the Festival Walk shopping centre in Kowloon Tong, which has a gross floor area of 112,297 square metres.
The parcel can support a maximum gross floor area of 227,836 square metres for a multi-storey logistics facility and a public car park.
Wholly owned by Singapore investment firm Temasek Holdings, Mapletree paid HK$1.69 billion in 2013 for its first site in Tsing Yi, which was its first greenfield development in Hong Kong.
Published: 10:26pm, 25 Feb 2025
Hong Kong has awarded Singapore?s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on Tuesday.
Mapletree?s unit Titanium 2 was the sole bidder for the 44,318-square-metre (477,000 sq ft) logistics site in Tsing Yi following a tender that closed on Friday.
The ?positive market response? to the site, known as Tsing Yi Town Lot 202, ?clearly reflects the trade?s continual confidence in Hong Kong?s role as an international logistics hub?, a spokesman for the Transport and Logistics Bureau said.
Three other logistics sites will be released ?in a timely manner, taking into consideration the market situation?, he added.
Mapletree?s real estate portfolio in Hong Kong includes an 11-storey grade-A logistics hub with a gross floor area of 120,550 square metres, also in Tsing Yi, and the Festival Walk shopping centre in Kowloon Tong, which has a gross floor area of 112,297 square metres.
The parcel can support a maximum gross floor area of 227,836 square metres for a multi-storey logistics facility and a public car park.
Wholly owned by Singapore investment firm Temasek Holdings, Mapletree paid HK$1.69 billion in 2013 for its first site in Tsing Yi, which was its first greenfield development in Hong Kong.