Listed in 2005, Mapletree Logistics Trust (MLT) owns a diverse portfolio of income-producing logistics properties located across Singapore, Japan, China, Korea, Australia, Malaysia, and Vietnam. As of 24 July 2019, MLT is worth S$5.8 billion in market capitalisation, making it one of the largest logistics REITs in Singapore.

In this article, I’ll cover its recent developments, latest annual results, and stock valuation. Here are 12 things to know about MLT before you invest:

1. As of 31 March 2019, MLT’s portfolio comprised 141 properties worth S$8.0 billion, up from 124 properties worth S$6.5 billion the year before. This rise in portfolio value is attributable to the following acquisitions:

FY2019 Acquisitions Acquisition Date Purchase Price
(S$ million) 50% stake in 11 properties in China 6 Jun 2018 575.3 Five logistics properties in Singapore 28 Sep 2018 775.9 Coles Brisbane Distribution Centre 28 Nov 2018 100.7 Mapletree Logistics Centre - Wonsam 1...