- Mapletree Pan Asia Commercial Trust (SGX:N2IU) reported 4Q DPU of S$0.0225; flat y-o-y on an adjusted basis, -7% q-o-q. Occupancy was down about a single percentage point while reversion slowed y-o-y. Funding cost rose both on the year and sequentially, and is expected to rise further.
- - Read this at SGinvestors.io -
Growth led by merger
- - Read this at SGinvestors.io -
- All in, distributable income rose 58%, excluding the impact of release of retained cash a year ago. DPU was flat on a comparable basis as higher income was offset by expanded base of units.
Mixed operating trend
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.ketrade.com.sg/.
Krishna Guha Maybank Research | https://www.maybank-ke.com.sg/ 2023-05-02
Previous report by Maybank:
2023-02-10 Mapletree Pan Asia Commercial Trust - Executing On Growth Plans; Downgrade To HOLD.
Price targets by 2 other brokers at Mapletree Pan Asia Commercial Trust Target Prices.
Listing of research reports at Mapletree Pan Asia Commercial Trust Analyst Reports.
Relevant links:
Mapletree Pan Asia Commercial Trust Share Price History,
Mapletree Pan Asia Commercial Trust Announcements,
Mapletree Pan Asia Commercial Trust Dividends & Corporate Actions,
Mapletree Pan Asia Commercial Trust News Articles
