MINT reports 1QFY2027 DPU of 3.11 cents, 4.9% lower y-o-y

Felicia Tan

Jul 23

MINT says it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2653777352"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653777352\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653777352?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 12:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653777352","market":"us","top_or_hot":-1,"title":"MINT reports 1QFY2027 DPU of 3.11 cents, 4.9% lower y-o-y","media":"Felicia Tan","content":"<div>\n<p>MINT says it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/mint-reports-1qfy2027-dpu-311-cents-49-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MINT reports 1QFY2027 DPU of 3.11 cents, 4.9% lower y-o-y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMINT reports 1QFY2027 DPU of 3.11 cents, 4.9% lower y-o-y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-23 12:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/mint-reports-1qfy2027-dpu-311-cents-49-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Felicia Tan</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MINT says it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/mint-reports-1qfy2027-dpu-311-cents-49-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/results/mint-reports-1qfy2027-dpu-311-cents-49-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2653777352","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/capital/results/mint-reports-1qfy2027-dpu-311-cents-49-lower-y-o-y?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653777352","pubTimestamp":1784782359,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"MINT says it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable growth","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4127":"投资银行业与经纪业","ME8U.SI":"丰树工业信托","REIT":"ALPS Active REIT ETF","USD":"ProShares Ultra Semiconductors","BK6082":"工业房地产投资信托","BK4007":"制药","BK6512":"房地产股","DPU":"Top KingWin Ltd","BK4588":"碎股","BK4550":"红杉资本持仓","MINT":"PIMCO Enhanced Short Maturity Exchange-Traded Fund","GRI":"GRI BIO INC","BK4585":"ETF&股票定投概念","BK6133":"工业房地产信托","BK4139":"生物科技","JPY":"Lazard Japanese Equity ETF"},"translate_title":"MINT 报告 2027 财年第一季度 DPU 为 3.11 美分，同比下降 4.9%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DPU":1.5,"GRI":1,"USD":1,"JPY":1,"ME8U.SI":1.5,"REIT":0.66,"MINT":1.5},"content_text":"MINT says it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable growthMapletree Industrial Trust (MINT) has reported a distribution per unit (DPU) of 3.11 cents for the 1QFY2027 ended June, 4.9% lower y-o-y.\nDistributable income fell by 3.5% y-o-y to $92.3 million. Of the sum, distributable income to unitholders fell by 4.8% y-o-y to $88.8 million while distributable income to perpetual securities (perp) holders increased by 47.1% y-o-y to $3.5 million.\nGross revenue and net property income (NPI) fell by 7.7% and 8.5% y-o-y to $162.3 million and $122.3 million respectively due to the absence of income after the REIT divested three industrial properties in Singapore in August 2025.\nThe lower topline figures were also due to the non-renewal of leases in the North American portfolio and the depreciation of the US dollar (USD) and Japanese yen (JPY) against the Singapore dollar (SGD).\nThe declines were, however, offset by higher revenue from new leases and renewals from the Singapore portfolio and the completion of the final phase of fitting-out works at the Osaka data centre in May last year.\nBorrowing costs fell by 24.6% y-o-y to $18.5 million, mainly due to the repayment of loans with proceeds from the divestment of the three Singapore properties, the issuance of perpetual securities, as well as lower interest on unhedged floating rate loans. They were partly offset by the impact of higher interest cost from repricing of matured interest rate swaps.\nAs at June 30, MINT has a total of 135 properties compared to 140 properties the year before. For the quarter, the REIT's total portfolio occupancy stood at 90.7%, 0.7 percentage points and 0.5 percentage points lower y-o-y and q-o-q respectively. Portfolio weighted average lease expiry (WALE) remained unchanged y-o-y at 4.5 years by gross rental income (GRI) as at the same period.\nDuring the period, the REIT achieved a positive weighted average rental reversion rate of 2.2% for its North American portfolio and 5.3% for its Singapore portfolio.\n\"We have made meaningful progress on our strategic priorities,\" says Ler Lily, CEO of the manager.\n\"During the quarter, we advanced our leasing efforts with the successful backfilling of Hawthorne Data Centre and the lease extension at Sunnyvale Data Centre. The completion of the divestment of Philadelphia Data Centre reduces our vacancy exposure and represents another step in our ongoing portfolio rejuvenation strategy,\" she adds. \"While we continue to face headwinds, we are focused on executing our portfolio rejuvenation strategy to enhance portfolio resilience.\"\nLooking ahead, the REIT says Singapore and Japan portfollios will continue to underpin its stability while the manager will continue leasing efforts to improve occupancies, particularly in North America.\nIt adds that it seeks to divest $500 million to $600 million worth of properties in North America to enhance its financial flexibility and redeploy capital into assets that can provide sustainable growth. \"The manager will continue to explore opportunities in both data centre and broader industrial sectors,\" says the REIT. It will also focus on active lease management, cost containment and prudent capital management to \"balance the risks and costs in the uncertain macroeconomic environment\".\nUnitholders can expect to receive their distributions on Sept 7.\nUnits in MINT closed flat at $1.93 on July 23.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}