Mapletree Log Tr - I think boat is back! At 1.53 yield is about 5.89 percent for this Logistics reit giant of which I think she is trading at a great discounted price ! Do take note!
Pls dyodd.
Mapletree Log Tr - 3rd quarter results is out! DPU is slightly higher at 2.253 cents versus 2.227 cents last year! Gross Revenue is flat!I think results is quite good considering the higher interest rate environment!
Gross Revenue is up 2.1% to 184m.
NPI is up 1.2% to 159m.
Dpu would have been about 2.214 cents if without income support of 2.8m.
Occupancy rate of 95.9% seem good!
Gearing is slightly lower at 38.8%.
Positive rental reversion of 3.8%.
XD 31 Jan 2024.
Pls dyodd.
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