Mapletree Logistics Trust's latest acquisitions, equity raising could sow doubt among investors
Meagre 2.2 per cent DPU accretion from proposed 17-asset acquisition likely to be diluted by placement and preferential offering
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MAPLETREE Logistics Trust (MLT) does not appear to be the sort of real estate investment trust (Reit) that would face much difficulty raising capital to acquire assets and expand its property portfolio.
With Mapletree Investments as its sponsor, MLT theoretically has access to a "pipeline" of high-quality assets across the region.
MLT's units have also held up relatively well through the pandemic, ostensibly putting it in a good position to tap investors for equity capital.
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