Announcement • Mar 28
Mapletree Industrial Trust to Report Q4, 2026 Results on Apr 28, 2026 Mapletree Industrial Trust announced that they will report Q4, 2026 results After-Market on Apr 28, 2026 Announcement • Jan 29
Mapletree Industrial Trust Announces Distribution for the Third Quarter Financial Year 2025/2026 from 1 October 2025 to 31 December 2025, Payable on 12 March 2026 Mapletree Industrial Trust announced that MIT's Distribution Per Unit for the Third Quarter Financial Year 2025/2026 from 1 October 2025 to 31 December 2025 was 3.17 cents. Unitholders can expect to receive their quarterly DPU for the period from 1 October 2025 to 31 December 2025 on 12 March 2026. The closure of MIT's transfer books and register of Unitholders will be on 5 February 2026. Announcement • Dec 26
Mapletree Industrial Trust to Report Q3, 2026 Results on Jan 28, 2026 Mapletree Industrial Trust announced that they will report Q3, 2026 results After-Market on Jan 28, 2026 Announcement • Sep 29
Mapletree Industrial Trust to Report Q2, 2026 Results on Oct 29, 2025 Mapletree Industrial Trust announced that they will report Q2, 2026 results After-Market on Oct 29, 2025 Announcement • Jun 27
Mapletree Industrial Trust to Report Q1, 2026 Results on Jul 28, 2025 Mapletree Industrial Trust announced that they will report Q1, 2026 results After-Market on Jul 28, 2025 Announcement • Jun 25
Mapletree Industrial Trust, Annual General Meeting, Jul 25, 2025 Mapletree Industrial Trust, Annual General Meeting, Jul 25, 2025, at 14:30 Singapore Standard Time. Location: 20 pasir panjang road, mapletree business city, town hall - auditorium, singapore 117439, Singapore Announcement • Mar 28
Mapletree Industrial Trust to Report Q4, 2025 Results on Apr 30, 2025 Mapletree Industrial Trust announced that they will report Q4, 2025 results After-Market on Apr 30, 2025 Announcement • Jan 23
Mapletree Industrial Trust Announces Distribution for the Period from 1 October 2024 to 31 December 2024, Payable on March 14, 2025 Mapletree Industrial Trust announced the distribution of 3.41 Singapore cents per unit in MIT ("Unit") for the period from 1 October 2024 to 31 December 2024. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at 5.00pm on 3 February 2025 will be entitled to 3QFY24/25 Distribution in cash or new Units. The cash distribution will be paid to Unitholders by 14 March 2025. Unitholders who have elected to participate in the DRP for the 3QFY24/25. Announcement • Dec 20
Mapletree Industrial Trust to Report Q3, 2025 Results on Jan 22, 2025 Mapletree Industrial Trust announced that they will report Q3, 2025 results on Jan 22, 2025 Buy Or Sell Opportunity • Nov 06
Now 21% undervalued Over the last 90 days, the stock has risen 3.9% to €1.56. The fair value is estimated to be €1.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has declined by 30%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director of Mapletree Industrial Trust Management Ltd. Seat Moey Kwok was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 30
Mapletree Industrial Trust (SGX:ME8U) completed the acquisition of 98.47% stake in Freehold, mixed-use facility of Nagayama Tokutei Mokuteki Kaisha from Nagayama Tokutei Mokuteki Kaisha for ¥14.5 billion. Mapletree Industrial Trust (SGX:ME8U) agreed to acquire 98.47% stake in Freehold, mixed-use facility of Nagayama Tokutei Mokuteki Kaisha from Nagayama Tokutei Mokuteki Kaisha for ¥14.5 billion on September 30, 2024. A cash consideration of ¥14.5 billion will be paid by Mapletree Industrial Trust. As part of consideration, ¥14.5 billion is paid towards assets of Freehold, mixed-use facility of Nagayama Tokutei Mokuteki Kaisha.
The expected completion of the transaction is October 1, 2024 to December 31, 2024.
Mapletree Industrial Trust (SGX:ME8U) completed the acquisition of 98.47% stake in Freehold, mixed-use facility of Nagayama Tokutei Mokuteki Kaisha from Nagayama Tokutei Mokuteki Kaisha on October 29, 2024. Reported Earnings • Oct 30
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: S$181.4m (down 1.2% from 2Q 2024). Net income: S$98.1m (up 7.7% from 2Q 2024). Profit margin: 54% (up from 50% in 2Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Industrial REITs industry in Europe. Announcement • Sep 27
Mapletree Industrial Trust to Report Q2, 2025 Results on Oct 29, 2024 Mapletree Industrial Trust announced that they will report Q2, 2025 results After-Market on Oct 29, 2024 Buy Or Sell Opportunity • Aug 06
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at €1.47. The fair value is estimated to be €1.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Declared Dividend • Jul 28
First quarter dividend of S$0.034 announced Shareholders will receive a dividend of S$0.034. Ex-date: 1st August 2024 Payment date: 12th September 2024 Dividend yield will be 6.8%, which is higher than the industry average of 3.8%. Reported Earnings • Jul 26
First quarter 2025 earnings released First quarter 2025 results: Revenue: S$175.3m (down 2.5% from 1Q 2024). Net income: S$98.0m (up 6.9% from 1Q 2024). Profit margin: 56% (up from 51% in 1Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Industrial REITs industry in Europe. Buy Or Sell Opportunity • Jul 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €1.39. The fair value is estimated to be €1.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Announcement • Jun 26
Mapletree Industrial Trust to Report Q1, 2025 Results on Jul 25, 2024 Mapletree Industrial Trust announced that they will report Q1, 2025 results After-Market on Jul 25, 2024 Reported Earnings • Jun 21
Full year 2024 earnings released: EPS: S$0.039 (vs S$0.10 in FY 2023) Full year 2024 results: EPS: S$0.039 (down from S$0.10 in FY 2023). Revenue: S$697.3m (up 1.8% from FY 2023). Net income: S$111.0m (down 61% from FY 2023). Profit margin: 16% (down from 41% in FY 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrial REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Announcement • Jun 19
Mapletree Industrial Trust, Annual General Meeting, Jul 18, 2024 Mapletree Industrial Trust, Annual General Meeting, Jul 18, 2024, at 14:30 Singapore Standard Time. Location: 20 pasir panjang road, mapletree business city, town hall - auditorium, singapore 117439, Singapore Declared Dividend • Apr 28
Dividend of S$0.038 announced Shareholders will receive a dividend of S$0.038. Ex-date: 3rd May 2024 Payment date: 10th June 2024 Dividend yield will be 7.2%, which is higher than the industry average of 3.8%. Announcement • Apr 26
Mapletree Industrial Trust Announces Distribution for the Period from 1 January 2024 to 31 March 2024, Will Be Paid on 10 June 2024 Unitholders of Mapletree Industrial Trust announced distribution which will be closed on 6 May 2024 (the "Record Date") for the purpose of determining Unitholders' entitlements to MIT's distribution of 3.36 Singapore cents per unit in MIT for the period from 1 January 2024 to 31 March 2024. The fourth quarter Fiscal Year 2023/24 Distribution of 3.36 Singapore cents per Unit comprises a taxable income component of 2.27 Singapore cents per Unit, a capital component of 0.09 Singapore cent per Unit and a tax-exempt income component of 1.00 Singapore cent per Unit will be paid by 10 June 2024. Reported Earnings • Apr 26
Full year 2024 earnings released Full year 2024 results: Revenue: S$697.3m (up 1.8% from FY 2023). Net income: S$111.0m (down 61% from FY 2023). Profit margin: 16% (down from 41% in FY 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Industrial REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 26
Mapletree Industrial Trust to Report Q4, 2024 Results on Apr 25, 2024 Mapletree Industrial Trust announced that they will report Q4, 2024 results After-Market on Apr 25, 2024 Declared Dividend • Jan 28
Dividend of S$0.034 announced Shareholders will receive a dividend of S$0.034. Ex-date: 1st February 2024 Payment date: 7th March 2024 Dividend yield will be 6.2%, which is higher than the industry average of 3.8%. Reported Earnings • Jan 25
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: S$173.9m (down 3.8% from 3Q 2023). Net income: S$95.4m (up 2.5% from 3Q 2023). Profit margin: 55% (up from 51% in 3Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Industrial REITs industry in Europe. Announcement • Jan 25
Mapletree Industrial Trust Announces Third Quarter Distribution for the Period from 1 October 2023 to 31 December 2023, Payable on 7 March 2024 25 January 2024 Notice is hereby given that the Transfer Books and Register of Unitholders of Mapletree Industrial Trust (‘MIT’) will be closed at 5.00 PM on 2 February 2024 (the Record Date) for the purpose of determining Unitholders' entitlements to MIT's distribution of 3.36 Singapore cents per unit in MIT (Unit) for the period from 1 October 2023 to 31 December 2023. The third quarter of fiscal year 23/24 Distribution of 3.36 Singapore cents per Unit comprises a taxable income component of 2.32 Singapore cents per Unit, a capital component of 0.04 Singapore cent per Unit, a tax-exempt income component of 0.93 Singapore cent per Unit and other gain component of 0.07 Singapore cent per Unit. Unitholders whose securities accounts with The Central Depository (Pte) Limited (CDP) are credited with Units as at 5.00 pm on, 2 February 2024 will be entitled to third quarter of fiscal year 23/24 Distribution that will be paid by 7 March 2024. Announcement • Dec 23
Mapletree Industrial Trust to Report Q3, 2024 Results on Jan 25, 2024 Mapletree Industrial Trust announced that they will report Q3, 2024 results After-Market on Jan 25, 2024 Reported Earnings • Oct 26
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: S$174.1m (down 5.7% from 2Q 2023). Net income: S$91.0m (down 3.3% from 2Q 2023). Profit margin: 52% (up from 51% in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Industrial REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Mapletree Industrial Trust Announces Distribution for the Second Quarter of Fiscal Year 2023-24, Payable by November 5, 2023 Notice is hereby given that the Transfer Books and Register of Unitholders of Mapletree Industrial Trust will be closed on 2 November 2023 for the purpose of determining Unitholders' entitlements to MIT's distribution of 3.32 Singapore cents per unit in MIT for the period from 1 July 2023 to 30 September 2023. The second quarter of fiscal year 2023-24 Distribution of 3.32 Singapore cents per Unit comprises a taxable income component of 2.37 Singapore cents per Unit, a capital component of 0.03 Singapore cent per Unit, a tax-exempt income component of 0.85 Singapore cent per Unit and other gain component of 0.07 Singapore cent per Unit. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as on 2 November 2023 will be entitled to 2QFY23/24 Distribution that will be paid by 5 December 2023. Announcement • Sep 29
Mapletree Industrial Trust (SGX:ME8U) completed the acquisition of 98.47% stake in A Data Centre in Downtown Osaka, Japan from Suma Tokutei Mokuteki Kaisha. Mapletree Industrial Trust (SGX:ME8U) entered into a agreement to acquire 98.47% stake in A Data Centre in Downtown Osaka, Japan from Suma Tokutei Mokuteki Kaisha for ¥52 billion on May 25, 2023. The transaction will be financed through a combination of debt and proceeds from an equity fundraising. In connection with the proposed acquisition, Mapletree has launched an equity fund raising exercise by way of a Private Placement on May 25, 2023. The aggregate gross proceeds of the Private Placement is approximately ¥22.3 billion (SGD 204.8 million). Mapletree wishes to announce that the full gross proceeds of approximately ¥22.3 billion (SGD 204.8 million) has been used to satisfy a portion of the purchase consideration and professional fees in relation to the proposed acquisition. The transaction is expected to close in the third quarter of 2023.Mapletree Industrial Trust (SGX:ME8U) completed the acquisition of 98.47% stake in A Data Centre in Downtown Osaka, Japan from Suma Tokutei Mokuteki Kaisha on September 28, 2023. Announcement • Sep 26
Mapletree Industrial Trust to Report Q2, 2024 Results on Oct 25, 2023 Mapletree Industrial Trust announced that they will report Q2, 2024 results at 5:00 PM, Singapore Standard Time on Oct 25, 2023 Announcement • Jul 27
Mapletree Industrial Trust Announces Distribution for the Period from 6 June 2023 to 30 June 20231, Payable on September 05, 2023 Mapletree Industrial Trust announced distribution of 0.91 Singapore cent per unit in MIT for the period from 6 June 2023 to 30 June 20231. The distribution of 0.91 Singapore cent per Unit comprises a taxable income component of 0.66 Singapore cent per Unit, a tax-exempt income component of 0.22 Singapore cent per Unit and other gain component of 0.03 Singapore cent per Unit. Unitholders whose securities accounts with The Central Depository (Pte) Limited ("CDP") are credited with Units as on 3 August 2023 will be entitled to the distribution of 0.91 Singapore cent per Unit that will be paid by 5 September 2023. Announcement • Jun 27
Mapletree Industrial Trust to Report Q1, 2024 Results on Jul 26, 2023 Mapletree Industrial Trust announced that they will report Q1, 2024 results at 5:00 PM, Singapore Standard Time on Jul 26, 2023 Announcement • Jun 20
Mapletree Industrial Trust, Annual General Meeting, Jul 19, 2023 Mapletree Industrial Trust, Annual General Meeting, Jul 19, 2023, at 14:30 Singapore Standard Time. Location: 20 Pasir Panjang Road, Mapletree Business City, Town Hal Auditorium, Singapore 117439l Mapletree Business City Singapore Agenda: To receive and adopt the Trustee's Report, the Manager's Statement, the Audited Financial Statements of MIT for the financial year ended 31 March 2023 and the Auditor's Report thereon; to re-appoint PricewaterhouseCoopers LLP as the Auditor of MIT and to authorize the Manager to fix the Auditor's remuneration; to authorize the Manager to issue Units and to make or grant instruments convertible into Units; and to consider other matters if any. Announcement • Jun 06
Mapletree Industrial Trust Announces Actual Advanced Distribution for the Period from 1 April 2023 to 5 June 2023, Payable on or Around 6 July 2023 Mapletree Industrial Trust Management Ltd., in its capacity as manager of Mapletree Industrial Trust ("MIT", and as the manager of MIT, the "Manager"), announce that the actual Advanced Distribution per unit in MIT ("Unit") for the period from 1 April 2023 to 5 June 2023 is 2.48 Singapore cents. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at 5.00 p.m. on 5 June 2023 will be entitled to the Advanced Distribution to be paid on or around 6 July 2023. For the avoidance of doubt, the holders of the New Units to be issued pursuant to the Private Placement will not be entitled to the Advanced Distribution. Announcement • May 27
Mapletree Industrial Trust (SGX:ME8U) entered into a agreement to acquire 98.47% stake in A Data Centre in Downtown Osaka, Japan from Suma Tokutei Mokuteki Kaisha for ¥52 billion. Mapletree Industrial Trust (SGX:ME8U) entered into a agreement to acquire 98.47% stake in A Data Centre in Downtown Osaka, Japan from Suma Tokutei Mokuteki Kaisha for ¥52 billion on May 25, 2023. The transaction will be financed through a combination of debt and proceeds from an equity fundraising. The transaction is expected to close in the third quarter of 2023. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: S$0.10 (vs S$0.16 in FY 2022) Full year 2023 results: EPS: S$0.10 (down from S$0.16 in FY 2022). Revenue: S$684.9m (up 12% from FY 2022). Net income: S$281.7m (down 35% from FY 2022). Profit margin: 41% (down from 71% in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Industrial REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jan 28
Mapletree Industrial Trust Announces Distribution for the Third Quarter Financial Year from 1 October 2022 to 31 December 2022, Payable on 14 March 2023 Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust announced that MIT's distribution per Unit for the third quarter Financial Year 2022/2023 from 1 October 2022 to 31 December 2022 was 3.39 cents. Unitholders whose securities accounts with The Central Depository (Pte) Limited ("CDP") are credited with Units as at 5.00pm on 3 February 2023 will be entitled to third quarter of financial year 22/23 Distribution in cash or new Units. The cash distribution will be paid to Unitholders by 14 March 2023. Reported Earnings • Jan 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: S$170.4m (flat on 3Q 2022). Net income: S$93.0m (down 3.6% from 3Q 2022). Profit margin: 55% (down from 56% in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Announcement • Dec 24
Mapletree Industrial Trust to Report Q3, 2023 Results on Jan 26, 2023 Mapletree Industrial Trust announced that they will report Q3, 2023 results at 5:00 PM, Singapore Standard Time on Jan 26, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Chairman of Mapletree Industrial Trust Management Ltd. Kim Teck Cheah was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: S$0.035 (vs S$0.036 in 2Q 2022) Second quarter 2023 results: EPS: S$0.035 (down from S$0.036 in 2Q 2022). Revenue: S$175.5m (up 6.7% from 2Q 2022). Net income: S$94.1m (down 1.4% from 2Q 2022). Profit margin: 54% (down from 58% in 2Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Announcement • Oct 28
Mapletree Industrial Trust Announces Distribution for the Second Quarter Financial Year from 1 July 2022 to 30 September 2022, Payable on 12 December 2022 Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust announced that MIT's distribution per Unit for the Second Quarter Financial Year 2022/2023 from 1 July 2022 to 30 September 2022 ("2QFY22/23") was 3.36 cents. Unitholders can expect to receive their quarterly DPU for the period from 1 July 2022 to 30 September 2022 in cash or DRP units on 12 December 2022. Announcement • Oct 22
Mapletree Industrial Trust Announces Cessation of Wong Meng Meng as Non-Executive Chairman and Director Mapletree Industrial Trust announced cessation of Wong Meng Meng as Non-Executive Chairman and Director. Other DirectorShips Past Antara Koh Development (V) Pte Ltd. Energy Market Company Pte Ltd. Mapletree Investments Pte Ltd. NIE International Private Limited. Reason For Cessation Mr. Wong Meng Meng's resignation is part of the Board renewal. Mr. Cheah Kim Teck will be appointed as Non-Executive Chairman and Director in place of Mr. Wong Meng Meng. Recent Insider Transactions • Sep 27
Non-Executive Director recently bought €178k worth of stock On the 23rd of September, Kim Teck Cheah bought around 100k shares on-market at roughly €1.78 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €969k more in shares than they have sold in the last 12 months. Announcement • Sep 27
Mapletree Industrial Trust to Report Q2, 2023 Results on Oct 26, 2022 Mapletree Industrial Trust announced that they will report Q2, 2023 results at 5:00 PM, Singapore Standard Time on Oct 26, 2022 Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Kim Teck Cheah was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 26
Mapletree Industrial Trust Announces Distribution for the First Quarter Ended 30 June 2022, Payable by 9 September 2022 Mapletree Industrial Trust has announced a distribution of 3.49 Singapore cents per unit in MIT ("Unit") for First Quarter Financial Year 2022/2023 from 1 April 2022 to 30 June 2022 ("1QFY22/23 Distribution"). The 1QFY22/23 Distribution of 3.49 Singapore cents per Unit comprises a taxable income component of 2.51 Singapore cents per Unit, a tax-exempt income component of 0.91 Singapore cent per Unit and other gain component of 0.07 Singapore cent per Unit. Unitholders whose securities accounts with The Central Depository (Pte) Limited ("CDP") are credited with Units as at 5.00 pm on 2 August 2022 will be entitled to 1QFY22/23 Distribution in cash or new Units. The cash distribution will be paid to Unitholders by 9 September 2022. Unitholders who have elected to participate in the DRP for the 1QFY22/23. Announcement • Jul 02
Mapletree Industrial Trust to Report Q1, 2023 Results on Jul 25, 2022 Mapletree Industrial Trust announced that they will report Q1, 2023 results at 5:00 PM, Singapore Standard Time on Jul 25, 2022 Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: S$0.16 (vs S$0.071 in FY 2021) Full year 2022 results: EPS: S$0.16 (up from S$0.071 in FY 2021). Revenue: S$610.1m (up 36% from FY 2021). Net income: S$430.8m (up 162% from FY 2021). Profit margin: 71% (up from 37% in FY 2021). Net asset value (NAV) per share: €1.28 (up 12% from FY 2021). The current share price is 38% higher than NAV per share. Over the next year, revenue is forecast to grow 5.6% compared to a 1.9% decline forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jun 29
Mapletree Industrial Trust, Annual General Meeting, Jul 19, 2022 Mapletree Industrial Trust, Annual General Meeting, Jul 19, 2022, at 14:30 Singapore Standard Time. Location: 20 Pasir Panjang Road, Mapletree Business City Town Hall Auditorium Singapore Singapore Agenda: To receive and adopt the Report of DBS Trustee Limited, as trustee of MIT, the Statement by Mapletree Industrial Trust Management Ltd., as manager of MIT, and the Audited Financial Statements of MIT for the financial year ended 31 March 2022 and the Auditor's Report thereon; To re-appoint PricewaterhouseCoopers LLP as the Auditor of MIT to hold office until the conclusion of the next Annual General Meeting of MIT, and to authorise the Manager to fix their remuneration; and to transact other business. Recent Insider Transactions • Jun 15
Board Member recently bought €118k worth of stock On the 10th of June, Tiow Chye Chua bought around 69k shares on-market at roughly €1.71 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €791k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: S$0.17 (vs S$0.071 in FY 2021) Full year 2022 results: EPS: S$0.17 (up from S$0.071 in FY 2021). Revenue: S$610.1m (up 36% from FY 2021). Net income: S$439.2m (up 167% from FY 2021). Profit margin: 72% (up from 37% in FY 2021). Net asset value (NAV) per share: €1.27 (up 12% from FY 2021). The current share price is 39% higher than NAV per share. Over the next year, revenue is forecast to grow 5.6% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 22
Board Member recently bought €168k worth of stock On the 18th of February, Guy Daniel Harvey-Samuel bought around 100k shares on-market at roughly €1.68 per share. In the last 3 months, there was an even bigger purchase from another insider worth €342k. Insiders have collectively bought €673k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 09
Board Member recently bought €163k worth of stock On the 7th of February, Tiow Chye Chua bought around 100k shares on-market at roughly €1.63 per share. In the last 3 months, they made an even bigger purchase worth €342k. Insiders have collectively bought €505k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 30
Board Member recently bought €342k worth of stock On the 26th of January, Tiow Chye Chua bought around 200k shares on-market at roughly €1.71 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jan 26
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: S$0.037 (up from S$0.028 in 3Q 2021). Revenue: S$162.4m (up 31% from 3Q 2021). Net income: S$96.5m (up 47% from 3Q 2021). Profit margin: 59% (up from 53% in 3Q 2021). Revenue exceeded analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 11%, compared to a 4.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Oct 27
Second quarter 2022 earnings released: EPS S$0.037 (vs S$0.031 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: S$155.6m (up 35% from 2Q 2021). Net income: S$97.9m (up 36% from 2Q 2021). Profit margin: 63% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS S$0.034 (vs S$0.033 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: S$137.0m (up 21% from 1Q 2021). Net income: S$83.3m (up 15% from 1Q 2021). Profit margin: 61% (down from 64% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jun 26
Equinix Singapore Pte. Ltd. completed the acquisition of data centre at 26A Ayer Rajah Crescent in Singapore from Mapletree Industrial Trust (SGX:ME8U). Equinix Singapore Pte. Ltd. entered into a sale and purchase agreement to acquire a data centre at 26A Ayer Rajah Crescent in Singapore from Mapletree Industrial Trust (SGX:ME8U) for approximately SGD 130 million on August 14, 2020. The agreement was signed pursuant to the exercise of option by the buyer. The Sale Price will be paid in cash. Upon the signing of the Sale and Purchase Agreement, the Purchaser has given a deposit equivalent to 5% of the Sale Price to the Trustee, with the balance sum to be paid on completion of the Proposed Divestment. Completion of the Proposed Divestment, which is expected to take place by the fourth quarter of 2020, is subject to approval by JTC Corporation. As of January 29, 2021, the transaction is expected to close in the second quarter of 2021. The sale proceeds may be used to fund committed investments, reduce existing debt and/or make distributions to unitholders.
Equinix Singapore Pte. Ltd. completed the acquisition of data centre at 26A Ayer Rajah Crescent in Singapore from Mapletree Industrial Trust (SGX:ME8U) on June 25, 2020. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS S$0.071 (vs S$0.17 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: S$447.2m (up 10% from FY 2020). Net income: S$164.5m (down 55% from FY 2020). Profit margin: 37% (down from 91% in FY 2020). Net asset value (NAV) per share: €1.04 (up 2.5% from FY 2020). The current share price is 66% higher than NAV per share. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 23
Board Member recently bought €76k worth of stock On the 21st of June, Tiow Chye Chua bought around 46k shares on-market at roughly €1.65 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • May 31
Mapletree Industrial Trust(UNQ:) dropped from FTSE All-World Index (USD) Mapletree Industrial Trust(UNQ:) dropped from FTSE All-World Index (USD) Reported Earnings • May 01
Full year 2021 earnings released: EPS S$0.07 (vs S$0.17 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: S$447.2m (up 10% from FY 2020). Net income: S$164.5m (down 55% from FY 2020). Profit margin: 37% (down from 91% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 25
New 90-day low: €1.65 The company is down 10.0% from its price of €1.83 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.88 per share. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS S$0.028 (vs S$0.032 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: S$123.7m (up 21% from 3Q 2020). Net income: S$65.9m (down 5.3% from 3Q 2020). Profit margin: 53% (down from 68% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 12%, compared to a 59% growth forecast for the REITs industry in Germany. Announcement • Dec 30
Mapletree Industrial Trust to Report Q3, 2021 Results on Jan 29, 2021 Mapletree Industrial Trust announced that they will report Q3, 2021 results After-Market on Jan 29, 2021 Is New 90 Day High Low • Dec 09
New 90-day low: €1.75 The company is down 8.0% from its price of €1.89 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the REITs industry, which is also down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.71 per share. Is New 90 Day High Low • Nov 11
New 90-day low: €1.79 The company is down 10.0% from its price of €1.98 on 13 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.75 per share. Reported Earnings • Oct 30
First half earnings released Over the last 12 months the company has reported total profits of S$384.7m, up 35% from the prior year. Total revenue was S$424.1m over the last 12 months, up 5.3% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations. Is New 90 Day High Low • Oct 13
New 90-day high: €2.06 The company is up 13% from its price of €1.82 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.72 per share. Announcement • Sep 30
Mapletree Industrial Trust to Report Q2, 2021 Results on Oct 27, 2020 Mapletree Industrial Trust announced that they will report Q2, 2021 results on Oct 27, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: €2.04 The company is up 12% from its price of €1.82 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.70 per share. Announcement • Sep 03
Mapletree Industrial Trust (SGX:ME8U) entered into agreement to acquire remaining 60% interest in Portfolio of 14 Data Centres in United States from Mapletree Redwood Data Centre Trust for approximately $210 million. Mapletree Industrial Trust (SGX:ME8U) entered into agreement to acquire remaining 60% interest in Portfolio of 14 Data Centres in United States from Mapletree Redwood Data Centre Trust for approximately $210 million on June 23, 2020. Mapletree intends to finance the total acquisition outlay through the proceeds from an equity fund raising and the issuance of the acquisition fee in units in the amount of $289 million. Acquisition is subject to the approval of MIT's Unitholders at an extraordinary general meeting. The proposed acquisition is expected to be distribution per unit and net asset value per unit accretive to MIT Unit holders. As of August 05, 2020, in an extraordinary general meeting approval has been given for the proposed acquisition. As of August 27, 2020, 99% shareholders of Mapletree Industrial Trust has approved the deal. Announcement • Aug 18
Equinix Singapore Pte. Ltd. entered into a sale and purchase agreement to acquire a data centre at 26A Ayer Rajah Crescent in Singapore from Mapletree Industrial Trust (SGX:ME8U) for approximately SGD 130 million. Equinix Singapore Pte. Ltd. entered into a sale and purchase agreement to acquire a data centre at 26A Ayer Rajah Crescent in Singapore from Mapletree Industrial Trust (SGX:ME8U) for approximately SGD 130 million on August 14, 2020. The agreement was signed pursuant to the exercise of option by the buyer. The Sale Price will be paid in cash. Upon the signing of the Sale and Purchase Agreement, the Purchaser has given a deposit equivalent to 5% of the Sale Price to the Trustee, with the balance sum to be paid on completion of the Proposed Divestment. Completion of the Proposed Divestment, which is expected to take place by the fourth quarter of 2020, is subject to approval by JTC Corporation. The sale proceeds may be used to fund committed investments, reduce existing debt and/or make distributions to unitholders. Announcement • Jul 30
Mapletree Industrial Trust (SGX:ME8U) acquired 60% interest in Portfolio of 14 Data Centres in United States from Mapletree Redwood Data Centre Trust for approximately $210 million. Mapletree Industrial Trust (SGX:ME8U) acquired 60% interest in Portfolio of 14 Data Centres in United States from Mapletree Redwood Data Centre Trust for approximately $210 million on June 23, 2020. Mapletree intends to finance the total acquisition outlay through the proceeds from an equity fund raising and the issuance of the acquisition fee in units. Acquisition is subject to the approval of MIT's Unitholders at an extraordinary general meeting, The proposed acquisition is expected to be distribution per unit and net asset value per unit accretive to MIT Unit holders.
Mapletree Industrial Trust (SGX:ME8U) completed the acquisition of 60% interest in Portfolio of 14 Data Centres in United States from Mapletree Redwood Data Centre Trust on June 23, 2020. Announcement • Jun 20
Mapletree Industrial Trust to Report Q1, 2021 Results on Jul 21, 2020 Mapletree Industrial Trust announced that they will report Q1, 2021 results at 5:00 PM, Singapore Standard Time on Jul 21, 2020 
