EarningsGross revenue and NPI increased 4.2% and 4.6% yoy respectively in 2QFY25, driven by the acquisition of a data centre in Osaka and higher rents for new leases and renewals across various asset types.
Portfolio DiversificationMapletree Industrial Trust is a diversified 'new economy' landlord with a strategic pivot to invest in datacenters, which now contribute close to 50% of its assets.
Strategic InvestmentsThe proposed acquisition of a Tokyo property with potential conversion to a data center offers a 'land banking opportunity' with substantial upside to power-supply.