Mapletree Industrial Trust to join STI on 22 June

This will bring the indicative combined weighting of STI to 12.5%.

Mapletree Industrial Trust (MIT) is slated to be the sixth REIT to join the Straits Times Index (STI) on 22 June, according to an SGX report.

With an indicative index weight of 1.6%, this will bring the indicative combined weighting of STI to 12.5%.

In 2020 YTD, MIT has generated a total return of 8.2% through to 5 June, on $33.5m of net institutional inflow. This has brought the trust’s annualised total returns since listing in October 2010 to 19.4% and has seen its market capitalisation rise from approximately $1.7b on its debut to $6b at present.

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