$MAPLETREE LOGISTICS TRUST(M44U.SI)$""Mapletree Logistics Trust, or MLT, owns a portfolio of 185 properties in eight countries with assets under management of S$13 billion as of 30 June 2022.
The logistics-focused REIT reported a steady set of earnings for its fiscal 2023’s first quarter (1Q2023).
Gross revenue increased 14.6% year on year to S$187.7 million while NPI rose 13.2% year on year to S$163.2 million.
DPU crept up by 5% year on year to S$0.02268.
Trailing 12-month DPU stood at S$0.08894, giving the REIT’s units a trailing distribution yield of 5.1%.""
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