All the REITs have reported their latest financial numbers and business updates during the recent earnings season.
Income investors may be curious to see which REITs are resilient and doing well, and which are still struggling.
In particular, investors are turning their attention towards the stable of Mapletree REITs to determine how they are coping with the headwinds of high interest rates and inflation.
We compare two popular REITs – Mapletree Logistics Trust (SGX: M44U), or MLT, and Mapletree Pan Asia Commercial Trust (SGX: N2IU), or MPACT.
Read on to find out which constitutes the more attractive buy.
Portfolio composition
First, let’s look at the portfolio breakdown for each of these Mapletree REITs.
MLT’s portfolio is more diversified by far when compared with MPACT’s.
The logistics REIT owns 178 properties that are spread across eight countries, while MPACT only has 15 properties in half the number of countries (i.e. four)....