Mapletree Logistics Trust's China Segment Likely Bottoming — Market Talk

Mapletree Logistics Trust's China segment is likely bottoming, say Jefferies' Wilson Ng and Geraldine Wong in a note. The segment's rental rates for new leases declined 1.7% in fiscal 2Q, an improvement of 10 bps on quarter, the analysts say. Occupancy for the China portfolio rose to 94%, an improv…