Mapletree Logistics Trust (M44U.SI)
Mapletree Logistics Trust operates in the REIT - Industrial industry of the Real Estate sector, headquartered in Singapore, SW, SG. The stock last traded at $1.10, down 0.90% on the session, giving a market capitalisation of $5.63B. Its beta of 0.61 implies it has historically moved less than the broad market.
Mapletree Logistics Trust (MLT), Singapore's inaugural Asia-centric logistics real estate investment trust, commenced trading on the SGX-ST main board on July 28, 2005. Its primary objective is to acquire a diverse collection of income-generating logistics properties and related assets. As of December 31, 2020, MLT managed 156 logistics facilities situated across Singapore, Hong Kong SAR, Japan, China, Australia, Malaysia, South Korea, and Vietnam, representing a total of S$10.2 billion in assets under management. Mapletree Logistics Trust Management Ltd., a fully-owned subsidiary of Mapletree Investments Pte Ltd, oversees MLT's operations.
Mapletree Logistics Trust is most often compared with the following Real Estate names: