SINGAPORE (Apr 30): OCBC Investment Research is maintaining its “buy” recommendation on Mapletree Logistics Trust (MLT) with a lower fair value of $1.44 from $1.48 previously to account for a lower distribution of divestment gains from 7 Tai Seng Drive.
This comes post the release of the REIT’s 4Q18 results, which met the research house’s expectations for both the quarter and full year.
See: Mapletree Logistics Trust posts 4.1% increase in 4Q DPU to 1.937 cents
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