Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, or MLT, is a logistics REIT with a portfolio of 183 properties across eight countries as of 31 December 2024. MLT reported a downbeat set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 December 2024. Revenue dipped by 1% year on year to S$182.4 million because of lower contributions from China and the absence of contributions from divested properties. Net property income (NPI) fell by 1.5% year on year to S$472.5 million....The REIT sector has been under pressure for more than two years from elevated interest rates and high inflation.
The good news is that these headwinds seem to be abating.
Singapore’s inflation hit a four-year low recently with core inflation coming in at just 0.6% for February 2025.
And the US Federal Reserve may be poised to cut interest rates two times later this year to shore up the economy.
Meanwhile, here are four Singapore REITs that should be on your radar for April.