https://sporeshare.blogspot.com/2024/10/mapletree-ind-tr-she-may-rise-up-to.html
Mapletree Ind Tr - She may rise up to test 2.59! A nice breakout smoothly may see her rising up further towards 1.65 and 1.73.
Pls dyodd.
30th September 2024:
Mapletree Ind Tr - Proposed acquisition of a Freehold properties in Japan/Tokyo a multi-storey use facilities comprises of Data Centre, Back Office, training facilities and an adjacent accommodation wing for a value of JPY14.5B!
Approximately SGD 130m.
The acquisition is DPU accretive!
The Manager intends to finance the acquisition via JPY denomination loan of 14.9b and hereby increase the Gearing from 39.1% to 39.8%.
With this new acquisition, Japan will increase MIT total portfolio percentage to 6.4% from 5.1%. Increase the total assets value from 9b to 9.1b.
With this acquisition would likely boost their NPI/Distribution Income and perhaps an increase in DPU.
Pls dyodd.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- icycrystal·10-04TOPthanks for sharing2Report