Lower DPU but positive rental reversions for Mapletree Industrial Trust leave analysts mixed
Analysts are divided on Mapletree Industrial Trust’s (MINT) first quarter results for financial year 2024, ended June 30. During the quarter, the trust’s distribution per unit (DPU) dipped by 2.9% year-on-year, though it saw a 1.8% quarterly increase. This is in line with the expectations of OCBC Investment Research, DBS Group Research and CGS-CIMB Research. […]