Listed in 2010, Mapletree Industrial Trust (MIT) owns a portfolio of 87 industrial properties in Singapore. It also owns a 40% stake in Mapletree Redwood Data Centre Trust (MRDCT), which owns 14 data centres located across the United States. As of 25 July 2019, MIT is worth S$4.6 billion in market capitalisation.

In this article, I’ll cover MIT’s recent developments, latest annual results, and stock valuation. Here are 15 things to know about MIT before you invest:

1. As at 31 March 2019, MIT’s portfolio comprised 101 properties worth S$4.77 billion. Since 2012, portfolio value has grown at an annualised rate of 8.5%.

2. Revenue grew 3.5% year-on-year to S$376.1 million and distributable income grew 7.4% year-on-year to S$231.8 million in 2019. MRDCT contributed S$15.2 million in full-year income to MIT, which explains the REIT’s higher distributable income growth compared to revenue.