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8 things I learned from the 2022 Mapletree Logistics Trust AGM
By The Fifth Person  •  July 26, 2022
Mapletree Logistics Trust (MLT) is Singapore’s first Asia-centric logistics REIT with a diversified portfolio of logistics properties that span across Singapore and the Asia-Pacific. As of 31 March 2022, MLT’s assets under management was valued at S$13.1 billion with a portfolio of 183 properties. In view of the current challenging global environment resulting from geopolitical uncertainties and tightening monetary measures, I was curious about MLT’s outlook and the impact of such factors on its core business. As such, I attended MLT’s 2022 AGM to find out more. Here are the eight things I learned from the 2022 Mapletree Logistics Trust AGM. 1. Value of investment properties grew by 21.1% year-on-year (y-o-y) from S$10.8 billion in 2021 to S$13.1 billion in 2022. Overall growth in portfolio value was attributed to the acquisition of 20 properties made during the year and a portfolio revaluation gain of S$572 million largely contributed by properties...
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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