Mapletree Industrial Trust posts fiscal 1Q net property income climbed 33 percent
Mapletree Industrial said Tuesday its fiscal 1Q net profit climbed 33.1% YoY to S$104.72M, mainly on the purchase of 14 U.S. data centers.
Mapletree Industrial said Tuesday its fiscal 1Q net profit climbed 33.1% YoY to S$104.72M, mainly on the purchase of 14 U.S. data centers.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
CGS-CIMB downgraded Mapletree Industrial Trust after the REIT’s units climbed on news it entered a deal to acquire a U.S. data centre portfolio.
Mapletree Industrial Trust reported Tuesday its fiscal 2Q net property income rose 13.3 percent on-year to S$79.99M on contributions from new projects.
These are Singapore companies which may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
Mapletree Industrial Trust said Wednesday its private placement was oversubscribed and priced at the top of its indicative range, raising around S$400M.
Mapletree Industrial Trust said Tuesday it launched a private placement to raise at least S$350 million to partially fund its JV’s data center acquisitions.
Mapletree Industrial Trust and Mapletree Investments said Monday they formed a 50:50 JV to acquire a US$1.4B data center portfolio in North America.
CGS-CIMB downgraded Mapletree Industrial Trust to Hold from Add, pointing to high valuations.
Mapletree Industrial Trust reported Tuesday its fiscal 1Q net property income rose 12.2% on-year to S$77.92M on revenue contributions from new projects.
Mapletree Industrial Trust said Wednesday it will redevelop the Kolam Ayer 2 Cluster into a high-tech industrial precinct, with a project cost of around S$263M.
Mapletree Industrial Trust reported Monday its fiscal 4Q net property income rose 11.7% on-year to S$75.85 million on new contributions from acquisitions.