Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)

Mapletree Logistics Trust sees outflow of institutional funds on weak manufacturing data

Mapletree Logistics Trust (MLT) was the top REIT disposed of by institutional investors last week, amid concerns over weaker demand for logistics spaces.

MLT is a Singapore-heavy logistics REIT that has a portfolio of assets across several Asian economies.

Related: CapitaLand’s flagship REIT sees SGD12.7 million rout of institutional funds

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.