It’s been a tepid earnings season for the REIT sector. The combination of high interest rates and persistent inflation has resulted in lower distributions for a wide swath of REITs. The industrial REIT space, however, has been more resilient as demand for industrial properties remains strong. Investors should be familiar with two popular industrial REITs, namely Mapletree Logistics Trust (SGX: M44U), or MLT, and Mapletree Industrial Trust (SGX: ME8U), or MIT. Both REITs have the same sponsor in Mapletree Investments Pte Ltd and we decided to compare these two REITs to see which makes the better investment. Portfolio composition First off, we look at the composition of each REIT’s portfolio. MLT’s portfolio is larger than MIT’s with assets under management (AUM) of S$13.2 billion versus S$8.9 billion. The logistics REIT also had more properties than its counterpart, at 187 versus 140. Moreover, MLT is present in more countries than MIT and has exposure to Asian countries such as China, India, South Korea, and Japan....