I’ve been getting a lot of questions about Mapletree Logistics Trust of late. This is a $7 billion market cap logistics REIT sponsored by Mapletree. So safe to say it is very popular among retail investors, as the Mapletree name gives it perceived “stability”. Yet from its 2021 highs, Mapletree Logistics Trust has dropped 33%. At current price of 1.41 – it’s back at the lows last hit in March 2020, which is pretty unbelievable stuff. Annualised dividend yield is 6.4%. Is this REIT a screaming buy? Or a value trap?   Dividend Yield of Mapletree Logistics Trust Unlike many other REITs which are reporting negative DPU down 10 – 15%. Mapletree Logistics Trust is actually reporting a 1.2% year on year increase in DPU. This is actually very good (in this climate of higher interest rates). Annualising the latest DPU gives you a 6.35% dividend yield for this REIT. Price / Book of Mapletree Logistics Trust NAV is $1.40. So at current price of $1.41 you’re basically buying in at book value....