- 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.