Singapore Exchange (SGX)-listed REIT Mapletree Logistics Trust (MLT) is reeling from the effects of an uncertain market outlook brought in part by the debilitating US-China tensions and a high supply of warehouse spaces.
Against this backdrop, the REIT has warned investors that rental reversions for selected assets in its portfolio are expected to be negative in the period ahead.
MLT is a Singapore-heavy logistics REIT that owns a portfolio of 187 assets across other countries including Australia, China and Vietnam.
Related: Mapletree Logistics Trust sees SGD12.5 million outflow of institutional funds
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