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Mapletree Pan Asia Commercial Trust (MPACT)
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
REITs
Reviewing Mapletree's three REITs post-1QFY2024
Some $60.18 billion in assets are held under Mapletree’s three Singapore-listed REITs and eight private real estate funds.
August 17, 2023
Broker's Calls
Maybank keeps ‘buy’ on MPACT but lowers TP to $1.70 on funding headwinds
MPACT has had a slow start to the year.
August 07, 2023
Broker's Calls
Double whammy from interest and utilities, CGS-CIMB keeps 'hold' on MPACT with lower TP of $1.76
The analysts expect Festival Walk's negative reversion trend to continue for FY2024.
August 03, 2023