Dividend Yield | 6.11% |
P/B Ratio | 1.2 |
Aggregate Leverage Ratio | 40.1 |
Occupancy Rate | 91.6% |
WALE | 4.5 year(s) |
Interest Coverage Ratio | 3.9 times |
Fixed Rate Debt | 79.7% |
Ex-dividend Date | 4 Aug 2025 |
Record Date | 5 Aug 2025 |
Payout Date | 22 Aug 2025 |
Type | Industrial & Data Centers |
Remarks
Mapletree Industrial Trust (MIT) has approximately 17% of its debt due for refinancing in FY2025/26. The average borrowing cost has stabilized at 3.1%. As a result, the upcoming refinancing is unlikely to impact the REIT's borrowing costs significantly.
MIT's debt profile is relatively stable. The aggregate leverage ratio remained steady at 40.1% (and is expected to decrease to 37.0% following the completion of the proposed Singapore portfolio divestment). The adjusted ICR remained weakened slightly to 3.9x. Overall, MIT's debt profile is relatively healthy.
Mapletree Industrial Trust (MIT)'s DPU decreased by 4.7% YoY to 3.27 cents in 1Q FY25/26.
Geographical Exposure
Singapore | 48.5% |
United States | 44.2% |
Japan | 7.3% |
Sectoral Exposure
Data Center | 54.8% |
Industrial | 39.2% |
Office | 6% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
Fiscal Year | Debt (in $ millions) | Percentage |
---|---|---|
FY25/26 | 620 | 17% |
FY26/27 | 623 | 17% |
FY27/28 | 864 | 24% |
FY28/29 | 406 | 11% |
FY29/30 | 96 | 2% |
FY30/31 | 773 | 21% |
FY32/33 | 134 | 4% |
FY35/36 | 58 | 2% |
FY38/39 | 89 | 2% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.