facebookWhich industrial reit would you choose? MapleTree Industrial Trust or Ascendas REIT? - Seedly

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Anonymous

12 Jun 2019

REITs

Which industrial reit would you choose? MapleTree Industrial Trust or Ascendas REIT?

Why?
Which do you think will fare better in the long run?

Discussion (5)

What are your thoughts?

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Mapletree Industrial Trust (MIT) @ 2.14 Price

  • P/B ratio = 1.42
  • Distribution Yield = 5.68%
  • Gearing = 33.8%

Ascendas REIT @ 2.97 Price

  • P/B Ratio = 1.39
  • Distribution Yield = 5.40%
  • Gearing = 36.3%

Overall MIT is a better pick, due to a slightly higher distribution yield and lower gearing, but right now it is pretty expensive @ 1.42 PB ratio, so maybe wait for it to drop in price before picking it up?

View 3 replies

Tan Wei Ming

12 Jun 2019

Founder and Writer at Frugal Youth Invests

Hi, I actually analysed Mapletree Industrial Trust and Ascendas Reit in January 2019.

Before analysing both REITS, I always felt that both are equally good. However, I feel that AREIT is far more superior that MIT in almost all the categories that I compared. I would still choose AREIT over MIT but there is no harm in buying MIT. If I have spare cash, I would buy MIT too if I want to own as many industrial buildings in Singapore.

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