Home Capital Broker's Calls

Divestment bodes well for Mapletree Logistics Trust, but positives likely priced in: OCBC

Michelle Zhu
Michelle Zhu7/11/2017 10:11 AM GMT+08  • 2 min read
Divestment bodes well for Mapletree Logistics Trust, but positives likely priced in: OCBC
SINGAPORE (July 11): OCBC continues to rate Mapletree Logistics Trust at “hold”, raising its fair value estimate on the counter to $1.15 from $1.14 given its stronger balance sheet and improved outlook of Singapore's REIT sector.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 11): OCBC continues to rate Mapletree Logistics Trust at “hold”, raising its fair value estimate on the counter to $1.15 from $1.14 given its stronger balance sheet and improved outlook of Singapore's REIT sector.

This comes after the trust’s recent announcement of its intention to divest two of its freehold properties in Japan, Zama Centre and Shiroishi Centre for a consideration of $165.4 million.


See: Mapletree Logistics Trust to divest 2 Japan properties for $165 mil

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.