Lease Expiry ConcernsA portion of MINT's US portfolio lease expiries are unlikely to renew their leases, which could result in some frictional vacancy within its portfolio.
Occupancy And RevenueMINT reported a -0.5% yoy decline in both revenue/NPI for 4QFY3/25 due to non-renewal of a lease in its US portfolio and loss of income from sale of Tanglin Cluster.
Refinancing RatesRising refinancing rates could negatively impact distributions, though the impact is minimized as a significant portion of interest cost is fixed.