Mapletree Logistics Trust Issues New Units for Fee Payments

Mapletree Logistics ( (SG:M44U) ) has shared an announcement.

Mapletree Logistics Trust has announced the issuance of 8,415,976 new units at S$1.3078 per unit as part of the payment for base, property management, and lease management fees for certain properties. This issuance, covering the period from January 1 to March 31, 2025, reflects the trust’s ongoing strategy to manage its financial obligations through equity, potentially impacting its unit holders and market positioning by enhancing its asset management capabilities across its diverse property portfolio.

The most recent analyst rating on (SG:M44U) stock is a Buy with a S$1.58 price target. To see the full list of analyst forecasts on Mapletree Logistics stock, see the SG:M44U Stock Forecast page.

More about Mapletree Logistics

Mapletree Logistics Trust is a Singapore-based real estate investment trust focused on logistics properties across Asia, including countries like Australia, Malaysia, Vietnam, Singapore, Hong Kong, Japan, South Korea, India, and China. The trust is managed by Mapletree Logistics Trust Management Ltd., and it provides property management, lease management, and marketing services through its agreements with Mapletree Property Management Pte. Ltd.

Average Trading Volume: 24,909,700

Technical Sentiment Signal: Sell

Current Market Cap: S$5.62B

For an in-depth examination of M44U stock, go to TipRanks’ Stock Analysis page.