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Mapletree Pan Asia Commercial Trust (MPACT)
Broker's Calls
Analysts laud operational improvements at MPACT
The REIT's Singapore portfolio will be the 'strong anchor' ahead of clearer recovery overseas
January 31, 2024
Results
MPACT 3QFY2024 DPU falls 9.1% y-o-y to 2.2 cents
The lower distribution per unit for 3QFY2024 ended Dec 31, 2023 was the result of rate hikes and the absence a one-off gain.
January 29, 2024
Broker's Calls
Singapore office REITs the 'star' among S-REITS: DBS analysts
DBS has named Keppel REIT, Mapletree Pan Asia Commercial Trust and OUE Commercial REIT as their picks.
December 14, 2023
Broker's Calls
UOB Kay Hian lowers MPACT’s TP, DPU on lower contributions from China and further depreciation on forex
Analyst Jonathan Koh has kept his "buy" call with a lowered target price of $1.68.
December 01, 2023
Tong's Portfolio
Finally, we are investing again — added six stocks with high, resilient dividend yields
A key factor would be whether dividends are sustainable, for instance, in the event of a global economic slowdown or recession.
November 30, 2023
Broker's Calls
Analysts mixed on MPACT; CGS-CIMB upgrades to 'add' with lower TP; Maybank downgrades to 'hold' with lower TP
All analysts note that the REIT’s Singapore assets continue to outperform, but decline in DPU was due to higher costs and forex.
October 31, 2023
Results
MPACT reports lower distribution per unit of 4.42 cents for 1HFY2023, 10.5% lower y-o-y
MPACT says higher interest rates exerted pressure on the DPU, with DPU for 2QFY2023/2024 at 2.24 cents.
October 26, 2023
Broker's Calls
Mapletree’s group of REITs are a ‘great place to be in’, says DBS
DBS believes that all three REITs' ICRs are able to provide ample buffers even if interest rates remain elevated.
September 27, 2023
Company in the news
MPACT redeems HK$326 mil 3% fixed rate notes under US$1.5bil Euro MTS Programme
MPACT redeems HK$326 mil under US$1.5 billion Euro Medium Term Securities Programme.
September 20, 2023
Company in the news
Mapletree Investments reimagines its business model
Mapletree Investments group CEO Hiew Yoon Khong reminds his team to “never assume business as usual”.
August 17, 2023