Shares & Derivatives
Mapletree Industrial Trust Review @ 2 August 2022
By REIT-TIREMENT  •  August 2, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Industrial & Office
  • Country(s) with Assets: Singapore, United States & Canada
  • of Properties (exclude development/associate/fund): 141
Key Indicators Performance Highlight Gross revenue, NPI, distributable income and DPU increased yoy mainly due to the contribution from 29 data centres in the U.S. that were acquired in July 2021. Rental Reversion Besides business park buildings with more than a 5% increase in the rental rate, the renewal rental rates are similar to before renewal for all types of buildings. Whereas for new leases, the rental rate is slightly lower than passing rent for hi-tech buildings and flatted factories but higher for business park buildings. Development The redevelopment of Kolam Ayer 2 is expected to be completed in phases where 163 & 165 Kallang Way in 2H2022 and 161 Kallang Way in 1H2023. Divestment Advertisements MIT completed the divestment of 19 Changi South Street 1 on 21 April and 19675 West Ten Mile Road on 9 Jun at the above valuation....
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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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