Mapletree Logistics Trust (MLT) is an externally managed REIT. The manager is Mapletree Investments, a 100% owned subsidiary of Temasek Holdings. MLT focuses on logistics properties in Asia. It aims to grow its asset base through yield-accretive acquisitions and to provide investors with a sustainable yield and organic growth from its portfolio.
Mapletree Logistics Trust’s distributions should remain relatively stable despite the economic downturn. Its portfolio of logistics assets has been relatively insulated from the COVID-19 induced downturn, as demand for warehouses remains resilient. The company may even benefit from a structural shift toward e-commerce, which may elevate demand for logistics properties.