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Mapletree Logistics Trust Review @ 23 April 2021
By REIT-TIREMENT  •  April 23, 2021
Basic Profile & Key Statistics Mapletree Logistics Trust (MLT) is a logistics SREITs that invests in 163 properties across 9 countries. Performance Highlight Gross revenue, NPI, distribution to unitholders and DPU increased YoY by 22.6%, 19.1%, 18.9% and 5.5% respectively due higher revenue from existing properties, acquisitions and completion of the redevelopment of Ouluo Phase 2.Rental reversion is positive at 2.4%. For 4Q FY20/21, MLT has completed acquisitions of 5 properties in South Korea and 2 properties in India.

Related Parties Shareholding

REIT sponsor's shareholding is high at 31.27%REIT manager's shareholding is high at 1.07%Directors of REIT manager's shareholding are low at 0.02%
Lease Profile

Occupancy is high at 97.5%Income in SGD/Major Currencies is low at 51.1%.WALE is slightly short at 3.6 yearsHighest lease expiry within 5 years is moderate at 26.4% which falls in FY21/22Weighted average land lease expiry is slightly short at 50.66 years (to be updated after release...
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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