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Mapletree Pan Asia Commercial Trust (MPACT)
Results
MPACT to pay 4QFY2023 DPU of 2.25 cents
MPACT's portfolio is valued at $16.6 billion
April 27, 2023
Broker's Calls
Maybank downgrades MPACT to 'hold' with lower TP of $1.65
With the merger comes along execution and foreign exchange (forex) risk, says analyst Krishna Guha.
February 20, 2023
Broker's Calls
Brokers' Digest: Singtel, Boustead Singapore, UMS Holdings, Wilmar International, MPACT
See what the analysts have to say this week.
February 10, 2023
REITs
Moody's assigns Baa1 foreign currency issuer rating to MPACT
MPACT’s rating could be upgraded if the trust balances its growth while improving its leverage.
February 09, 2023
Broker's Calls
CGS-CIMB and OCBC increase TP for MPACT, maintain 'add' and 'hold' calls
CGS-CIMB and OCBC raised their TPs to $2.08 and $1.81 from $1.98 and $1.72 previously; Citi has kept 'buy' and a TP of $1.90.
February 06, 2023
Results
MPACT reports 3QFY2023 DPU of 2.42 cents, unchanged from previous year
Although gross revenue was boosted by full quarter contribution from its merger properties, DPU was dampened by higher costs.
January 31, 2023
Broker's Calls
Hotel and hospitality S-REITs to benefit as China reopens
S-REITs will benefit from China's reopening as the country opens to the world, as well as REITs that have exposure to China.
January 03, 2023
Broker's Calls
Slowing economic growth to moderate office rent growth momentum for Singapore office sector in 2023: DBS
Office and commercial S-REITs peaked in August, outperforming other asset classes as of September — before the sentiment turned.
December 20, 2022
Broker's Calls
MPACT delivering accretion from merger with MNACT, UOBKH maintains 'buy'
The analyst has trimmed his DPU forecast by 3% for FY2023 and 3.5% for FY2024 to account for higher cost of debts.
November 09, 2022
Results
MPACT reports 1HFY2023 DPU of 4.94 cents, 12.5% higher y-o-y
The REIT manager announced that distributions to its unitholders will be on a quarterly basis from the 3QFY2022/2023 onwards.
October 27, 2022