Mapletree Industrial Trust

Mapletree Industrial Trust (OTCPK:MAPIF) Q2 2025 Earnings Conference Call October 29, 2024 9:30 PM ET Company Participants Ler Lily - Chief Executive Officer Khoo Geng Foong - Chief Financial Officer Peter Tan - Head, Investment Melissa Tan Tel - Investor Relations Chng Siok Khim - Head, Marketing Conference Call Participants Mervin Song - JPMorgan Derek Tan - DBS Brandon Lee - Citi Jonathan Koh - UOB Joy Wang - HSBC Tan Xuan - Goldman Yew Kiang - CLSA Operator Good morning. Thanks for joining us this morning for MIT's Second Quarter and First Half Financial 2024-2025 Results Briefing.» Mehr auf seekingalpha.com

S-REITs offer stability, high distribution yields, and lower volatility compared to global peers. They also have a favorable regulatory environment and strong legal frameworks. The Trust has a history of increasing distributions per unit, despite recent dilution and rising interest rates, and is strategically expanding into high-demand sectors like data centers. The Trust's 5.5% yield remains competitive, outperforming U.S. REITs, while the stock has delivered sector-beating returns over the long term.» Mehr auf seekingalpha.com

I like Mapletree Industrial Trust's defensive portfolio characteristics and its significant asset monetization target. But I have a less favorable opinion of the rent reversion prospects for MAPIF's Singapore assets and the occupancy outlook for its US data centers. A balanced risk-reward for Mapletree Industrial Trust translates into a Hold investment rating.» Mehr auf seekingalpha.com