Mapletree Industrial Trust is a real estate investment trust that invests in a diversified portfolio of income-producing industrial properties and data centers. Its portfolio includes data centers, high-tech buildings, business parks, flatted factories, and light industrial buildings across Singapore, North America, and Japan. The company was founded in 2008 and is headquartered in Singapore.
SGX’s Real Estate Developers and Operators have returned 12% YTD, outperforming the STI’s +8%. Despite the rally, the price-to-book ratio of the...