Basic Profile & Key Statistics
Key Indicators
Performance Highlight
Gross revenue, NPI, distribution to unitholders, and DPU have improved YoY mainly due to contributions from the Osaka Data Centre acquired in September 2023 and better performance across the portfolio. Distribution declared by joint venture has declined significantly YoY due to higher borrowing costs. All in all, the amount available for distribution and DPU have improved slightly YoY amid the similar distribution from divestment gain.
Rental Reversion
The weighted average rental reversion is at 10.7%.
Acquisition
On 29 October, MIT completed the acquisition of a second property in Japan.
Asset Enhancement Initiative
Year to date, solar panels have been installed across Kallang Basin 4, Kampong Ampat, Toa Payoh North 1, Kaki Bukit, Redhill 1 and Redhill 2 property clusters.
Related Parties Shareholding
REIT Sponsor's Shareholding: ModerateREIT Manager's Shareholding: ModerateDirectors of REIT Manager's Shareholding: Favorable
Lease Profile
Occupancy: ModerateWALE: Less ModerateHighest Lease Expiry in 4 Years: ModerateWeighted Average Land Lease Expiry: Less...