Mapletree Pan Asia Commercial Trust - OCBC Investment 2024-04-25: First Quarterly Y-o-y DPU Improvement For FY24

• Mapletree Pan Asia Commercial Trust's 4QFY24 (Jan to Mar 2024) distribution per unit (DPU) rose 1.8% y-o-y to S$0.0229 and met our expectations.

4QFY24 DPU grew 1.8% y-o-y, the first y-o-y quarterly increase in FY24

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• DPU for the quarter grew 1.8% y-o-y to S$0.0229 despite the 10.8% jump in net finance costs to S$56.4m. This was the first y-o-y quarterly improvement in Mapletree Pan Asia Commercial Trust's DPU for FY24.
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Sequentially lower portfolio committed occupancy of 96.1% driven by most assets

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Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-04-25 Mapletree Pan Asia Commercial Trust - Buttressed By Its Singapore Portfolio.

Previous report by OCBC:
2025-01-24 Mapletree Pan Asia Commercial Trust - Singapore Resilience Yet To Offset Overseas Weakness.

Price targets by 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 Dividend Payout Dates & Corporate Actions,
Mapletree Pan Asia Commercial Trust News