Shares & Derivatives
Mapletree Industrial Trust – Strong Growth Ahead
By Wealth Insights  •  October 7, 2024
Mapletree Industrial Trust (MINT) has recently made headlines with its strategic moves in the Japanese market. Mapletree Industrial Trust (MINT) has recently made headlines with its strategic moves in the Japanese market. Let’s dive into the financial highlights, value proposition, risk factors, and competitor analysis to understand why MINT is a compelling investment opportunity. 🏢 Market cap: $7.1B 🔥 Dividend yield: 5.4% 📒 Price to book: 1.4 📢 Gearing: 36% 🔎 DPU 5Y Growth: 1.9% Financial Highlights MINT is making waves in the investment community by acquiring a mixed-use industrial facility in Tokyo for JPY 14.5 billion (approximately SGD 127.8 million). This acquisition is not just a number on a balance sheet, it represents a freehold asset with significant redevelopment potential once the existing lease expires. With a net property income (NPI) yield of 4%, MINT offers a cushion against market fluctuations, providing investors a sense of security. The management team has updated its forecasts, showing a 0.2% to 0.5% increase for FY25-26E due to this...
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By Wealth Insights
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