Trade Mapletree Ind Tr - ME8Usg CFD

Mapletree Ind Tr Company profile

About Mapletree Industrial Trust

Mapletree Industrial Trust is a Singapore-based real estate investment trust (REIT). The principal activity of the Company and its subsidiaries is to invest in income-producing real estate used primarily for industrial purposes in Singapore and as data centers across the world beyond Singapore, as well as real estate-related assets, with the primary objective of achieving returns from rental income and long-term capital growth. Its segments include Data Centres, Hi-Tech Buildings, Business Park Buildings, Flatted Factories, Stack-up/Ramp-up Buildings and Light Industrial Buildings. It has approximately 86 properties in Singapore and 57 properties in North America. Its properties include 161, 163 & 165 Kallang Way, 18 Tai Seng, 30A Kallang Place, 1 and 1A Depot Close, 2 Christie Heights, 6 Norden Place, 1001 Windward Concourse and 1221 Coit Road, among others. Mapletree Industrial Trust Management Ltd. is the Company's manager.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Mapletree Industrial Trust revenues increased 37% to SP$446M. Net income applicable to common stockholders increased 31% to SP$275.2M. Revenues reflect Data Centres segment increase from SP$56.2M to SP$165.3M, Singapore segment increase from SP$99.1M to SP$301.7M. Net income was partially offset by Net Operating Income- Data Centres decrease of 61% to SP$19.4M.