On 23rd April 2025, Mapletree Logistics Trust announced their 4QFY24/25 financial results. Last year, the manager of Mapletree Logistics Trust adopted the strategy to divest assets with older specifications and of limited redevelopment potential as part of their portfolio rejuvenation. This is the 4th quarter financial results, which makes up the full year. How has Mapletree Logistics Trust performed in FY24/25?
Mapletree Logistics Trust 4QFY24/25 Financial Results
In 4QFY24/25, Mapletree Logistics Trust’s gross revenue was lower mainly due to lower contribution from China and the absence of revenue contribution from divested properties. Another reason was the currency weakness (mainly KRW, HKD, and JPY) which were mitigated by higher contribution from Singapore, Australia, and Hong Kong SAR and from the contribution from acquisitions completed in 1Q FY24/25. The impact of currency weakness was partially mitigated through the use…
