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Mapletree Industrial ( (SG:ME8U) ) has issued an announcement.
Mapletree Industrial Trust Management Ltd. announced the issuance of 791,027 new units in Mapletree Industrial Trust to pay the manager’s base fee for managing its properties for the quarter ended 31 March 2025. This issuance reflects the company’s strategic focus on expanding its data center portfolio, with significant investments in the United States and Japan, enhancing its market position and offering potential growth opportunities for stakeholders.
The most recent analyst rating on (SG:ME8U) stock is a Hold with a S$2.45 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 the acquisition and management of industrial properties, including data centers, across various international markets.
Average Trading Volume: 10,755,316
Technical Sentiment Signal: Sell
Current Market Cap: S$5.59B
Find detailed analytics on ME8U stock on TipRanks’ Stock Analysis page.