Shares & Derivatives
2 REITs to Watch This Week – Mapletree Commercial Trust and Mapletree Industrial Trust
By Seedly  •  April 23, 2019
Earnings seasons has once again begun. This week a host of real estate investment trusts (REITs) will be releasing their earnings update for their latest quarters. In particular, I will be keeping a close eye on two REITs: Mapletree Commercial Trust (SGX: N2IU) Mapletree Industrial Trust (SGX: ME8U) Here’s what to look out for. 1. Mapletree Industrial Trust With a portfolio of 101 properties, including a 40% stake in 14 data centres in the United States, Mapletree Industrial Trust (SGX: N2IU) is one of Singapore’s largest industrial real estate investment trusts. The trust has been a model of consistency in the past with distribution per unit increasing consistently over the past nine years. In the last reporting quarter ended 31 December 2018, the REIT again delivered impressive results, with distributable income up 9.0% and distribution per unit (DPU) up 6.6% from a year ago. Mapletree Industrial trust currently has a...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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