Shares & Derivatives
15 things I learned from the 2017 Mapletree Logistics Trust AGM
By The Fifth Person  •  July 21, 2017
Mapletree Logistics Trust (SGX: M44U) is an Asia-focused logistics REIT with a diversified portfolio of 127 logistics and warehouse properties in Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia, and Vietnam. As of 31 March 2017, MLT’s total portfolio was valued at S$5.5 billion. I attended MLT’s 2017 annual meeting to assess its past year’s performance in the midst of an uncertain global economic climate and a challenging Singapore market due to an oversupply of warehouse space here. I also wanted to find out about the management’s outlook on the regional markets as the Trust continues to broaden its footprint and invest heavily in Australia, Malaysia, and Vietnam. With that, here are 15 things I learned from the Mapletree Logistics Trust 2017 AGM: 1. Gross revenue increased 6.6% year-on-year to S$373.1 million and net property income (NPI) increased 7.3% to S$312.2 million. This was ......
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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