0714 GMT - Mapletree Logistics Trust's latest results support DBS Group Research's view that the real-estate investment trust should return to distribution-per-unit growth soon. The REIT's 3Q DPU was ahead of DBS's estimate but in line with consensus, says analyst Derek Tan in a note. "We remain constructive about [the REIT's] resilient results, which we believe justifies the steady [recent] rise in share price," he says. Its China business remains the key data point to watch, he adds, noting that rent rates could stabilize in the coming quarters. Rent rates for the overall portfolio continue to grow, which highlights the positives of its pan-Asian platform, Tan says. DBS maintains its buy rating and S$1.55 target price on the trust, which is flat at S$1.37. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
January 28, 2026 02:14 ET (07:14 GMT)
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