Mapletree Log - Dividend of 1.816 cents will be credited today, nice

 28th Oct 26:

Mapletree Logistics Trust Delivers Resilient 2Q FY26/27 Results with Continued Portfolio Rejuvenation Highlights:

• Stable 2Q FY26/27 DPU of 1.816 cents, supported by resilient operating performance. XD 4th Nov 26.

• Healthy operating metrics with 96.4% occupancy and 2.1% rental reversion

• Year-to-date divestments of ~S$243 million, at an average 3.1% premium to valuation

• Fifth redevelopment project in Singapore to deliver MLT’s first modern ramp-up warehouse in the east

• Proactive capital management with S$400 million of lower-rate perpetual securities and maiden 

CNY500 million offshore Renminbi bond at 2.1%.

16th September 2026: 

 Dividend of 1.816 cents will be credited today, nice. Hopefully,  no rate hike. 

• Available DPU edged 0.2% higher year-on-year supported by resilient portfolio performance 

• Healthy operating metrics: 96.4% occupancy and 2.3% rental reversion outside China

• Active portfolio rejuvenation with proposed divestments of two properties in China and a property 

in Singapore for approximately S$155 million.

Financial Highlights

Gross revenue and net property income (“NPI”) for 1Q FY26/27 increased by 0.8% and 2.0% year-

on-year (“y-o-y”) to S$178.9 million and S$156.4 million respectively. The increase was largely driven

by contribution from the recent acquisition in India and full-quarter contribution from the completed 

redevelopment project in Singapore, partly offset by the absence of contribution from divested 

properties and weaker regional currencies.

Borrowing costs declined 2.7% y-o-y driven by proactive refinancing efforts and paying down of debt 

with proceeds from divestments. Accordingly, the amount distributable to Unitholders grew 1.1% 

y-o-y, while available distribution per unit (“DPU”) was 0.2% higher.

Compared with the preceding quarter 4Q FY25/26, gross revenue and NPI were 1.3% and 3.3% 

higher quarter-on-quarter (“q-o-q”) respectively mainly due to full-quarter contribution from the India 

acquisition and higher contribution from existing properties in Singapore and Hong Kong SAR.

Amount distributable to Unitholders  remained stable at S$93.0 million as improved operating 

performance was partly weighed down by higher borrowing costs, while DPU was marginally lower 

by 0.2% due to an enlarged unit base.

The portfolio achieved an average rental reversion of about 2.3% in 1Q FY26/27 excluding China, 

and 0.9% including China. Continuing its improving trend, China recorded negative rental reversion of -1.8% vs -2%.