On 30 April 2025, Mapletree Industrial Trust (“MIT”) have announced their full year results for FY2025. DPU has seen a decrease this quarter, likely contributed from the continued decrease in occupancy and increase in gearing ratio over the last few quarters. This has resulted in a notable number of metrics being unfavorable, and MIT has seen the share price decrease over the last few weeks.
Subsequent to the full year result announcement, management have announced the following significant investment updates. These are expected to have a notable impact to the overall portfolio, and investors should take these factors into consideration when assessing their risk appetite.
On 10 May 2025, MIT announced the completion of divestment of the Georgia Data Centre. Based on the presentation slides, the sale price amounted to USD11.8 million, representing a premium of 18.5% from the valuation of USD9.95 million as of 31 March 2025. Management has disclosed their intention to use the net proceeds to pare down debt and/or fund working capital requirements….
