What was the IPO price for Mapletree Industrial Trust?
Unit Price Performance
| IPO Issue Price (S$) | Highest Closing Price (S$) | |
|---|---|---|
| FY15/16 | – | 1.635 |
| FY16/17 | – | 1.810 |
| FY17/18 | – | 2.120 |
| FY18/19 | – | 2.110 |
Is Mapletree Industrial Trust a good buy?
While both Mapletree REITs are strong ones, Mapletree Industrial Trust has been one of the best, and (crucially) most consistent, total return performers in the Singapore REIT space over time.
Is Mapletree Industrial Trust a REIT?
Mapletree Industrial Trust (MIT) is a REIT listed on the SGX with a portfolio of 115 industrial and data center properties located in North America and Singapore. MIT has assets of S$6.8 billion as of March 31st, 2021.
Who owns Mapletree Commercial Trust?
Mapletree Investments Pte Ltd, the global real estate conglomerate owned by Singapore state investor Temasek, is the single largest unitholder in both the trusts, owning 32.6% of MCT and 38.1% of MNACT, as of Dec. 29.
What is Mapletree Industrial Trust rights issue?
Rights Issue :MAPLETREE INDUSTRIAL REIT RIGHTS subscription for the Allotted Rights Shares and/or your application for excess Rights Shares. If you have insufficient funds, you may contribute to the SRS account up to your allowable cap contribution before you submit your instruction to the bank.
Is Mapletree Industrial Trust overvalued?
Mapletree Industrial Trust is a real estate investment trust (“REIT”) listed on the Main Board of Singapore Exchange. Established dividend payer and slightly overvalued.
What does Mapletree Industrial Trust do?
Mapletree Industrial Trust (MINT) invests primarily in income-producing industrial assets located in Singapore. Its portfolio includes a diverse mix of business parks, hi-tech industrial buildings, ramp-up buildings, flatted factories, and data centres.
What does Mapletree Commercial Trust own?
Mapletree Commercial Trust – Portfolio Overview. MCT’s portfolio comprises five properties in Singapore – four located in the Greater Southern Waterfront (HarbourFront and Alexandra Precincts) and one in the CBD. VivoCity, MLHF and mTower were the initial assets at MCT’s IPO.
What is commercial trust?
In a commercial trust it is common for these roles to be held by the same entity. So company A can hold an asset, and declare itself trustee holding the asset for the benefit of company B in certain circumstances or for itself in other circumstances.
What is preferential offering?
A preferential offer is an offer of new units to existing unitholders as part of a REIT’s EFR exercise. The word “preferential” here takes its reference from the word “prefer”, which states that this exercise only involves unitholders of the REIT and is not open to the general public.
Who owns vivocity?
DBS TrusteeVivoCity / Owner
What is a commercial trust company?
A trust company or trust department is usually a division or an associated company of a commercial bank. Trusts and similar arrangements managed for eventual transfer are managed for profit, which it may take out of the assets annually or upon transfer to the beneficial third party.