0142 GMT - Mapletree Logistics Trust faces risks from the protracted trade war, UOB Kay Hian's Jonathan Koh says in a research report. Management cautioned that this could impact demand for warehouse space, hence reducing occupancy and rental rates, the analyst notes. Also, management expects negative rental reversion in China to continue at high-single-digits, possibly for another four quarters in FY 2026, the analyst adds. The brokerage cuts its FY 2026-2027 distribution-per-unit forecasts for the REIT by 4%, partly due to continued negative rental reversion in China. It trims the unit's target price to S$1.31 from S$1.35, with an unchanged hold rating. Units are 0.9% lower at S$1.12. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 28, 2025 21:42 ET (01:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。