Investor Presentaiton
2QFY23/24 Highlights
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× Increase in distribution to Unitholders was offset by an enlarged unit base
following an equity fundraising exercise in 1QFY23/24 and distribution
reinvestment plan
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2QFY23/24 Distribution to Unitholders: S$94.1 million ( 3.5% y-o-y)
industrial
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2QFY23/24 DPU: 3.32 cents (▼ 1.2% y-o-y)
× Resilient operational performance
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Positive rental revisions across all property segments
Average rental rate for Singapore Portfolio: S$2.19 psf/mth ( ▲ 1.4% q-o-q)
Average rental rate for North American Portfolio: US$2.42 psf/mth (0.4% q-o-q)
Overall Portfolio's WALE increased q-o-q from 3.9 years to 4.2 years
as at 30 Sep 2023
× Completed the acquisition of a newly built data centre in Osaka, Japan for
JPY52.0 billion¹ on 28 Sep 2023
× Capital management update
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Hedged borrowings of 79.2% and weighted average hedge tenor of 3.7 years
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Healthy aggregate leverage ratio of 37.9%
1 MIT's effective economic interest in the property is 98.47%.
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