Lease ExpiriesA portion of MINT's US portfolio lease expiries are unlikely to renew their leases, which could result in some frictional vacancy within its portfolio.
Refinancing RatesRising refinancing rates will negatively impact distributions, although the impact is minimized as a significant portion of interest cost has been fixed.
US Portfolio ChallengesMINT reported a -0.5% yoy decline in both revenue/NPI for 4QFY3/25 due to non-renewal of a lease in its US portfolio and loss of income from sale of Tanglin Cluster.