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Mapletree Industrial Trust (ME8U.SI)

SES - SES Delayed Price. Currency in SGD
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2.3000+0.0100 (+0.44%)
At close: 05:06PM SGT
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  • EdgeProp

    Lower DPU but positive rental reversions for Mapletree Industrial Trust leave analysts mixed

    Analysts are mixed on Mapletree Industrial Trust (MINT), following its results for the 1QFY2024 ended June 30.During the quarter, the trust’s distribution per unit (DPU) dipped 2.9% y-o-y to 3.39 cents, but had a 1.8% q-o-q increase, which is in line with the expectations of OCBC Investment Research (OIR), DBS Group Research and CGS-CIMB Research, who have kept their “add” and “buy” calls. Only Maybank Securities, which noted MINT’s stable DPU, has kept its “hold” call.MINT reported a higher gro