Today, Mapletree Logistics Trust announced their 1QFY22/23 Financial Results. DPU was higher at 5.0% year-on-year to reach 2.268 cents. Currently, Mapletree Logistics Trust makes up 2.45% of my stock portfolio. In recent months, Mapletree Logistics Trust has been one of the relative underperformers. In the 13th AGM, the manager explained that this is due to “rotational trades” as investors switched from the pandemic-resilient industrial sector to sectors that benefit from the economic reopening, such as offices and hotels. At this point of writing, the share price closed at S$1.71. This is an increase as compared to this REIT trading at S$1.63 one month ago. Now, let us take a deeper dive into its 1QFY22/23 Financial Results. Mapletree Logistics Trust 1QFY22/23 Financial Results Gross revenue grew 14.6% year-on-year due to higher revenue from existing properties and accretive acquisitions completed in 1Q FY22/23 and FY21/22....