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Mapletree Industrial ( (SG:ME8U) ) has shared an update.
Mapletree Industrial Trust has issued 848,721 new units to its manager as a base fee for managing its properties, including 29 data centers in the United States and a data center in Osaka, Japan. This issuance reflects the trust’s ongoing strategy to manage and expand its portfolio, potentially impacting its operational efficiency and stakeholder value.
The most recent analyst rating on (SG:ME8U) stock is a Buy with a S$2.28 price target. To see the full list of analyst forecasts on Mapletree Industrial stock, see the SG:ME8U Stock Forecast page.
More about Mapletree Industrial
Mapletree Industrial Trust is a real estate investment trust based in Singapore, focusing on industrial properties including data centers. It manages a diverse portfolio with a significant presence in the United States and Japan, emphasizing strategic acquisitions to enhance its market position.
Average Trading Volume: 9,813,761
Technical Sentiment Signal: Buy
Current Market Cap: S$5.7B
See more data about ME8U stock on TipRanks’ Stock Analysis page.