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Mapletree Greater China Commercial Trust (MGCCT)

Broker's Calls

Improvement in rental reversions and tenant sales keeps Mapletree North Asia Commercial Trust at ‘buy’

SINGAPORE (Aug 1): Mapletree North Asia Commercial Trust (MNACT), formerly known as Mapletree Greater China Commercial Trust, delivered 1Q19 DPU of 1.881 cents, up 1.6% y-o-y. This represents 25% of DBS’s FY19F DPU and is in line with the latter’s exp

Results

Mapletree North Asia Commercial Trust reports 1.6% higher 1Q DPU of 1.881 cents

SINGAPORE (July 30): The manager of Mapletree North Asia Commercial Trust (MNACT), formerly known as Mapletree Greater China Commercial Trust, has reported a DPU of 1.881 cents for 1Q18 ended June, 1.6% higher compared to 1Q17 ended June.

Broker's Calls

S-REITs kept at 'neutral' by OCBC as rising yields cancel out improving fundamentals

SINGAPORE (May 24): The S-REITs sector, using the FTSE Straits Times REIT Index (FSTREI) as a benchmark, is down 6% year-to-date at the close on Tuesday. Including dividends, the sector posted total returns of –3.4% year-to-date.

Broker's Calls

Robust FY18 developments keep analysts upbeat on Mapletree Greater China Commercial Trust

SINGAPORE (Apr 27): OCBC and CIMB are reiterating their “buy” and “add” recommendations on Mapletree Greater China Commercial Trust (MGCCT) with a fair value and target price of $1.42 and $1.30, respectively.

Results

Mapletree Greater China Commercial Trust's 4Q DPU falls 2.8% to 1.904 cents

SINGAPORE (Apr 25): The manager of Mapletree Greater China Commercial Trust (MGCCT) has declared a distribution per unit (DPU) of 1.904 cents for 4Q18, down 2.8% from the DPU of 1.959 cents a year ago in 4Q17 on lower revenue caused by a reversal in VAT p

Broker's Calls

MGCCT upgraded to 'add' by CIMB on Japan expansion

SINGAPORE (Mar 29): CIMB is upgrading its call on Mapletree Greater China Commercial Trust (MGCCT) to “add” compared to “hold” previously, with a higher target price of $1.30.

Property

MGCCT acquiring six properties in Japan for $753 mil; to be renamed Mapletree North Asia Commercial Trust

SINGAPORE (Mar 28): Mapletree Greater China Commercial Trust (MGCCT) is expanding its property portfolio into Northern Asia.

Broker's Calls

Mapletree Greater China Commercial Trust to catch the rising sun in Japan

SINGAPORE (Jan 29): DBS is maintaining its “buy” recommendation on Mapletree Greater China Commercial Trust (MGCCT) and raising its target price to $1.40, from $1.30 previously.

Results

Mapletree Greater China Commercial Trust posts 5.1% increase in 3Q DPU to 1.868 cents

SINGAPORE (Jan 25): The manager of Mapletree Greater China Commercial Trust Management announced that Mapletree Greater China Commercial Trust’s (MGCCT) 3Q17/18 DPU increased by 5.1% to 1.868 cents compared to 1.778 cents in 3Q16/17, bringing 9M17/18 DP

Broker's Calls

Resilient portfolio for Mapletree Greater China Commercial Trust but near term outperformance limited

SINGAPORE (Oct 24): Mapletree Greater China Commercial Trust (MGCCT) on Monday announced 1H17 DPU increased 2.9% to 3.714 cents.
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