In a Wednesday report, analyst Andy Wong highlights MCT as a REIT that would provider investors the “best of most worlds” considering its diversified portfolio mix, strong management team and track record, as well as healthy balance sheet.
SINGAPORE (Nov 28): OCBC Investment Research is initiating coverage on Mapletree Commercial Trust (MCT) at “buy” with a fair value estimate of $1.79 after inputting financial forecasts and capital asset pricing model (CAPM) assumptions into its model.
As at Nov 27, the research house sees potential total returns of about 15%.
