Shares of Mapletree Logistics Trust <MAPL.SI> rose as much as 6.8% on Thursday ahead of the trading debut of sister firm Mapletree Industrial Trust <MAPI.SI>.

Mapletree Industrial, which is to make its debut at 2:00 p.m., is managed by Mapletree Investments, a real estate company owned by Singapore state investor Temasek that already manages Mapletree Logistics and Lippo-Mapletree Indonesia Retail Trust <LMRT.SI>.

“Mapletree Industrial is expected to open higher so there is a spillover effect on Mapletree Logistics. They have the same parent, and industrial and logistics property are also quite related,” said a local trader.

Units in Mapletree Industrial Trust, which owns factories and other industrial properties in Singapore, may rise to as much as $0.99 on their first trading day on Thursday, 6.5% higher than the offer price of $0.93, according to the median forecast of five analysts polled by Reuters.

Genting Bhd., Asia’s third-biggest listed casino operator, climbed to a record in Kuala Lumpur trading after UBS AG raised its share-price estimate for the stock to reflect higher market revenue forecasts in Singapore.

The stock rose 1.3% to 10.66 ringgit ($4,46) at 9:16 a.m. Nicole Goh, an analyst at UBS, raised her share estimate for the stock to 14.35 ringgit from 12.90 ringgit, according to a report today. She kept her “buy” rating.

Its Genting Malaysia Bhd. affiliate added 0.9% to 3.54 ringgit after saying it will jointly bid for a London casino license and develop a leisure project with Apollo Resorts & Leisure.