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DBS stays positive on Mapletree Logistics Trust given 'robust fundamentals' and accretive acquisitions

Atiqah Mokhtar
Atiqah Mokhtar7/30/2021 4:21 PM GMT+08  • 2 min read
DBS stays positive on Mapletree Logistics Trust given 'robust fundamentals' and accretive acquisitions
DBS expects MLT to continue making accretive acquisitions, supported by a conducive cost of capital and significant pipeline.
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DBS Group Research analysts Derek Tan and Dale Lai have kept their “buy” call and target price of $2.35 for Mapletree Logistics Trust (MLT) in a July 28 research note.

“MLT should continue to ride on the robust fundamentals for logistics properties post-Covid,” the analysts say.

See also: Analysts remain neutral on MLT despite DPU growth in 1Q22

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