Basic Profile & Key Statistics
Key Indicators
Performance Highlight
Gross revenue and NPI have seen slight improvements year-over-year, mainly driven by contributions from the newly acquired data centre in Osaka and new leases at the redeveloped property at Mapletree Hi-Tech Park @ Kallang Way. Additionally, distributions declared by joint ventures have significantly increased. Consequently, distribution to unitholders and DPU have improved.
Rental Reversion
The weighted average rental reversion is at 6.6%.
Divestment
MIT divested the Tanglin Halt Cluster in March.
Related Parties Shareholding
The directors of the REIT manager hold a relatively high number of shares.
Lease Profile
The overall lease profile falls within the median range with a well-spread lease expiry.
Debt Profile
Overall, the debt profile is excellent.
Diversification Profile
Despite its geographical concentration, the portfolio exhibits diversification in terms of both properties and tenants.
Key Financial Metrics
Property yield, operating distributable income on capital and operating distributable income margin are relatively high.
DPU Breakdown
TTM Distributable Income Breakdown:96.1% from Operation1.4% from...