Mapletree Log Trust

Mapletree Log Trust: JP Morgan retains Neutral bur reduce TP to $0.95 from 1.00., Expect REIT to continue tracking the return of the S-REITs in the next 6-12 months on the back of its stable yield. Organic growth is unlikely to be exciting given 73% of the portfolio is located in low growth countries. Inorganic growth becoming challenging, as growth contributions from acquisitions are reducing.