Business
Mapletree Industrial Trust : 4Q & FY2024/2025 - Financial Statement and Related Announcement
Mapletree Industrial Trust : 4Q & FY2024/2025 - Financial Statement and Related
About this update from Mapletree Industrial Trust
[{"type":"text","content":"\n 4Q & FY24/25\n Financial Results\n 30 April 2025\n Contents\n \n \n Key Highlights - 1 Apr 2024 to 31 Mar 2025\n \n \n 4Q & FY24/25 Financial Performance\n \n \n Portfolio Update\n \n \n Investment Update\n \n \n Outlook and Strategy\n \n \n \n 3\n \n \n \n KEY HIGHLIGHTS 1 APR 2024 TO 31 MAR 2025\n \n \n \n Data Centres, 13831 Katy Freeway, Houston\n \n \n FY24/25 Results Highlights\n \n \n \n ⯍ Higher Net Property Income driven by contributions from the Osaka Data Centre, Tokyo Acquisition and new leases and renewals across various Singapore property clusters\n FY24/25 Net Property Income: S$531.5 million (\n \n 2.0% y-o-y)\n FY24/25 Distribution to Unitholders: S$386.0 million (\n \n 2.0% y-o-y)\n FY24/25 DPU: 13.57 cents (\n \n 1.0% y-o-y)\n ⯍ Resilient operational performance\n Positive rental reversions across all property segments in Singapore with a weighted average rental reversion rate of about 8.1% in 4QFY24/25\n \n \n Stable portfolio valuation of S$9,040.2 million\n \n \n \n ⯍ Announced the proposed divestment of Georgia Data Centre for US$11.8 million on\n 23 Apr 2025, which is an 18.6% premium above market valuation\n \n \n \n ⯍ Capital Management update\n About 78.1% of debt are hedged into fixed rate with weighted average hedge tenor of\n \n \n 3.4 years\n \n \n Retained approximately S$29.8 million from DRP for 1QFY24/25 to 3QFY24/25 Distribution\n \n \n \n 5\n Attention: This is an excerpt of the original content. To continue reading it, access the original document here.\n\t\t\t","length":3680,"tagName":"div"}]