About the Manager
MLT is managed by Mapletree Logistics Trust Management Ltd. (the “Manager”), a wholly-owned subsidiary of Mapletree Investments Pte Ltd (the “Sponsor”). The Sponsor is a leading real estate development, investment, capital and property management company headquartered in Singapore.
The Manager is committed to providing Unitholders with competitive total returns through the following strategies:
- optimising organic growth and hence, property yield from the existing portfolio;
- making yield accretive acquisitions of good quality logistics properties; and
- managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.
Investment Strategy
To customers, the Manager’s aim is to be their real estate partner-of-choice, providing them with high quality logistics spaces that cater to their evolving requirements.
To Unitholders, the Manager’s objective is to provide them with competitive total returns through regular distributions and long-term growth in asset value.
In pursuit of these objectives, the Manager has remained steadfast in the execution of its “Yield + Growth” strategy – optimising yield on existing assets, augmenting growth through acquisitions and redevelopments, and maintaining a prudent risk and capital management approach. Sustainability remains at the core of these efforts, underscoring MLT’s commitment towards responsible growth.
Yield Optimisation on Existing Portfolio
Prudent Capital Management
Growth via Acquisitions & Development
Yield + Growth Strategy
Yield Optimisation on Existing Portfolio
- Tailor leasing strategy to meet local market conditions
- Maintain a well-staggered lease expiry profile
- Maintain a balanced mix of single-user assets and multi-tenanted buildings
- Improve operational efficiency of properties
- Optimise returns via asset enhancement and/or redevelopment
- Selective divestments of low-yielding properties with older specifications
Prudent Capital Management
- Maintain a strong balance sheet
- Diversify sources of funding
- Optimise cost of debt financing
- Manage exposure to market fluctuations in interest rate and foreign exchange through appropriate hedging strategies
Growth via Acquisitions and Development
- Disciplined acquisitions of quality, well-located assets that add scale and strategic value to the portfolio
- Offer attractive value propositions to customers in support of their regional expansion plans
- Supported by a committed Sponsor with extensive development expertise and regional presence as evidenced by its strong platform of logistics development projects in Asia Pacific