Basic Profile & Key Statistics Mapletree Logistics Trust (MLT) is a logistics REIT that invests in 163 properties across 9 countries. Performance Highlight Gross revenue, NPI, distribution to unitholders and DPU increased YoY by 23.7%, 21.3%, 19.1% and 5.7% respectively. The increase is mainly due to higher revenue from existing properties, acquisitions completed in FY20/21 and redevelopment completion of Mapletree Ouluo Logistics Park Phase 2 in 1Q FY20/21. Exclude distribution from divestment, the DPU increased YoY by 10.3%. Occupancy has improved slightly to 97.8% and rental reversion is at +2.2%. There is a proposed acquisition of 9 Changi South Street 2 with a projected NPI yield of 6.2%.  This acquisition would be funded by debt and is expected to be completed by 3Q FY21/22. Related Parties Shareholding

• REIT sponsor's shareholding is high at 31.28%
• REIT manager's shareholding is slightly high at 1.12%

...