Equity Real Estate Investment Trusts (REITs)

Mapletree Log Tr

DBS Recommends Buying Mapletree Logistics Trust

Mapletree Log Tr released FY2026 Q4 earnings on April 29 After-Market (SGT), actual revenue SGD 176.58 M (forecast SGD 179.77 M), actual EPS SGD 0.0102

Mapletree Log Tr released FY2026 earnings on April 29 After-Market SGT, actual revenue SGD 708.27 M (forecast SGD 718.59 M), actual EPS SGD 0.0495 (forecast SGD 0.06)

Mapletree Log Tr to Release FY2026 Q4 Earnings on April 30 After-Market (SGT), Forecast Revenue SGD 179.77 M

Mapletree Logistics Trust Acquires Mumbai Logistics Asset

Mapletree Log Tr released FY2026 9 Months earnings on January 26 After-Market (SGT), actual revenue SGD 531.7 M, actual EPS SGD 0.0394

Mapletree Log Tr released FY2026 Q3 earnings on January 26 After-Market SGT, actual revenue SGD 176.83 M (forecast SGD 177.79 M), actual EPS SGD 0.008

Mapletree Logistics Trust Reports Q4 Earnings

Mapletree Logistics Trust Signs Loan Agreement

Mapletree Log Tr to Release FY2026 Q3 Earnings on January 26 After-Market (SGT), Forecast Revenue SGD 177.79 M

CapitaLand Investment Considers Merging Overseas Assets with Mapletree

J.P. Morgan Raises Mawson Logistics Rating to Buy, Price Target at SGD 1.50

Mapletree Log Tr released FY2026 Semi-Annual earnings on October 28 After-Market (SGT), actual revenue SGD 354.87 M, actual EPS SGD 0.0314

Mapletree Log Tr released FY2026 Q2 earnings on October 28 After-Market (SGT), actual revenue SGD 177.47 M (forecast SGD 181.17 M), actual EPS SGD 0.0169

Mapletree Logistics Trust reports H1 total revenue and quarterly net property income

Mapletree Log Tr to Release FY2026 Q2 Earnings on October 28 After-Market SGT, Forecast Revenue SGD 181.17 M

Mapletree Logistics Trust Completes Sale of Australian Property

Mapletree Logistics Trust's subsidiary signs loan agreement

Mapletree Logistics Trust Sells Australian Property for A$60 Million

Mapletree Logistics Trust Renews Property Management Contract

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SingtelMBeCW261030

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Meta Health

DBS MB eCW260730

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Pinned News

置顶新闻

Mapletree Logistics Trust issues investor presentation on Asia-Pacific logistics portfolio strategy

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Mapletree Logistics Trust reported a decline in FY25/26 distribution, with distributable amounts dropping to SGD 370.07 million and DPU down to 7.262 cents. Revenue fell to SGD 708.27 million, and net property income decreased to SGD 610.16 million. The trust's leverage remained stable at 40.6%, with total debt at SGD 5.49 billion. Key portfolio activities included acquiring a warehouse in Mumbai for SGD 53.2 million and divesting six properties at a 20% premium. The portfolio consists of 175 properties with a 96.9% occupancy rate.

PUBT

Mapletree Investments has acquired a 39.1-hectare site in New Jersey for its largest US logistics facility, marking its sixth greenfield project in the country. The development will include two warehouse buildings totaling 952,720 square feet and is strategically located near major air-cargo hubs and seaports. The project is expected to be completed by Q1 2028, contributing to Mapletree's growing US logistics footprint, which exceeds 66 million square feet. The company plans to redeploy capital from recent asset divestments into strategic development opportunities in the US logistics sector.

Businesstimes News

Mapletree buys 39-ha site in New Jersey for logistics facility, in sixth US development project

Analysts have mixed views on Mapletree Logistics Trust (MLT) following a lower fourth-quarter distribution per unit (DPU). OCBC upgraded MLT to a "buy" but reduced its fair value estimate to S$1.36. CGS International maintained its "add" call but lowered its target price to S$1.48, while DBS kept its "buy" rating at S$1.55. Despite forex headwinds and lower DPU estimates, DBS sees potential upside from asset recycling. MLT's China portfolio recovery is delayed, but overall growth remains positive in other markets. The impact of geopolitical tensions is limited, with stable leasing demand.

OCBC Bank

CICC

Analysts still positive on Mapletree Logistics Trust amid forex and rental headwinds, asset recycling tailwinds

Mapletree Logistics Trust (MLT) reported a 7% decline in distribution per unit (DPU) to $0.01819 for Q4, impacted by divestments and currency fluctuations. For the full year, DPU fell 9.8% to $0.07262, with distributable amounts down 8.9% to $370.1 million. Despite these challenges, portfolio occupancy remained high at 96.9%. MLT plans to sell up to $300 million in assets, particularly in China, and has expanded its presence in India with a new warehouse acquisition. The firm anticipates ongoing pressure from rising borrowing costs and currency volatility.

Singapore Business Review

Mapletree Logistics Trust Q4 DPU falls 7%, eyes $300 million asset sales

The SGX-Nasdaq Global Listings Board is set to launch in mid-2026, facilitating dual listings. Mapletree Logistics Trust reported a 7% decline in Q4 DPU to S$0.01819. Singapore has established a Tripartite Jobs Council to address AI's impact on employment. New pick-up points for cross-border taxis will be introduced at Harbourfront and Joo Koon MRT. JLL Singapore has laid off 1% of its workforce due to restructuring, while Trust Bank achieved profitability in March 2026, becoming one of the fastest digital banks to do so.

Nasdaq

Jones Lang Lasalle

Secure Trust Bank Plc

Daily Debrief: What Happened Today (Apr 30)

Mapletree Logistics Trust (MLT) reported a 7% decline in Q4 distribution per unit (DPU) to S$0.01819, with total DPU for FY2026 down 9.8% year-on-year. Distributable income fell 6.1% to S$93 million, while revenue decreased 1.7% to S$176.6 million. The declines were attributed to divested properties and weaker currencies. For FY2026, revenue was down 2.6% at S$708.3 million, and NPI fell 2.4% to S$610.2 million. CEO Jean Kam emphasized the focus on tenant retention and cost management amid ongoing market uncertainties.

Mapletree Logistics Trust posts 7% fall in Q4 DPU to S$0.01819

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CapitaLand Investment addressed shareholder concerns regarding a potential merger with Mapletree Investments, emphasizing that any M&A must benefit shareholders and not merely increase funds under management. Shareholders expressed doubts about the fit of Mapletree's asset strategy with CLI's diversification goals. Additionally, concerns were raised about CLI's performance in China, where declining commercial rents have impacted profits. CLI aims for a return on equity of 8-9% in the coming years, excluding the China business, despite ongoing market challenges.

Straitstimes

CapitaLandInvest

Mapletree PanAsia Com Tr

Mapletree Ind Trust

CapLand Ascendas REIT

Blackstone

Brookfield

Merger with Mapletree may not be a good fit, shareholders tell CapitaLand Investment

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Prime logistics rents in Singapore rose 1.5% quarter on quarter in Q1, marking the strongest growth in two years, driven by tight supply and high demand. This growth outpaced other industrial segments, according to Cushman & Wakefield. However, regional competition may moderate future rental growth. The lack of new prime logistics developments is expected to keep vacancy rates low. Despite uncertainties, the outlook for prime logistics rents remains positive, although the Johor-Singapore Special Economic Zone may lead some occupiers to seek lower-cost options across the border.

- The first quarter of this year saw premium logistics rents grow by 1.5%, representing the highest increase in two years due to tight supply and strong tenant demand.  
- A report indicates that the lack of new high-quality logistics developments is creating a supply shortfall, leading to low vacancy rates and high competition.  
- Despite strong short-term fundamentals, regional competition may temper rent growth, although the outlook for premium logistics rents in Singapore remains positive.

ESR-REIT

Alpha Integrated REIT

Frasers L&C Tr

AIMS APAC Reit

Cushman & Wakefield

Logistics rents outpace broader industrial segments on strong Q1 momentum

The Straits Times Index (STI) closed at 5,007.830, down 0.27% on April 16. Mapletree Logistics Trust was the top performer, rising 1.61%, followed by Frasers Logistics & Commercial Trust (+1.57%) and Mapletree Pan Asia Commercial Trust (+1.44%). Singapore Telecommunications Limited and DFI Retail Group were the lowest performers.

Mapletree Log Tr(M44U.SG)