Shares & Derivatives
Mapletree Industrial Trust Has Announced Its First Acquisition in 2 Years: 5 Things Investors Need to Know
By The Smart Investor  •  May 31, 2023
REITs have been a resilient asset class that continues to dole out steady distributions despite the twin challenges of high inflation and surging interest rates. One of the methods used by REITs to grow their assets and distribution per unit (DPU) is acquisitions. High interest rates, however, make acquisitions tougher as REITs need to find suitable assets with a net property income (NPI) yield higher than their cost of borrowing. Despite this difficulty, several REITs have announced acquisitions of late. Mapletree Logistics Trust (SGX: M44U) announced the acquisition of eight properties in three countries while CapitaLand Ascendas REIT (SGX: A17U) recently purchased The Shugart, a high-specification research and development facility. Now, Mapletree Industrial Trust (SGX: ME8U), or MIT, has joined in with its first acquisition in two years – that of a data centre in Osaka, Japan. Here are five things that investors need to know about this transaction. 1. Growing its portfolio further...
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance