|Bid||2.0700 x 0|
|Ask||2.0800 x 0|
|Day's range||2.0700 - 2.0800|
|52-week range||1.8400 - 2.1300|
|Beta (3Y monthly)||0.55|
|PE ratio (TTM)||14.65|
|Earnings date||22 Jul 2019 - 26 Jul 2019|
|Forward dividend & yield||0.11 (5.14%)|
|1y target est||2.02|
Mapletree Industrial Trust’s (SGX: ME8U) latest results, occupancy and rental rates, and tenant retention rate show a pretty solid performance.
Here are five things investors of Mapletree-sponsored REITs should know about Mapletree Pte Ltd.
First Real Estate Investment Trust (SGX:AW9U), Frasers Centrepoint Trust (SGX:J69U), and Mapletree Industrial Trust (SGX:ME8U) have grown their dividends over the years.
Frasers Hospitality Trust’s (FHT) 4Q18 Distribution Per Unit of $0.0122 was in line with our estimates. Properties performances in Singapore and Germany were stable mitigated by weaker results across Australia, Japan and Malaysia, especially the Westin KL which saw a sharper 14.8% and 21.6% decline in gross operating revenue and profit on slower corporate demand. FHT’s Singapore assets are positioned for a recovery in the hospitality sector driven by increased occupancies at the 2 properties and operating efficiency at Fraser Suites, even though we expect near-term RevPAR growth to be tempered by competitive supply-side pressures with room supply from new players – Andaz and JW Marriott – in the Bugis micro-market.