- Acquisitions were a key driver of Mapletree Logistics Trust's good FY 2021 financial performance, and the REIT's inorganic growth prospects in the near term are still good.
- On the other hand, future third-party acquisitions might be difficult as evidenced by the REIT's failed bid for Blackstone's Australian logistics portfolio.
- Mapletree Logistics Trust is valued by the market at 1.55 times P/B, and the REIT boasts a consensus forward FY 2022 (YE March 31) dividend yield of 4.3%.
For further details see:
Mapletree Logistics Trust: Acquisitions In The Spotlight