- Mapletree Pan Asia Commercial Trust’s Singapore portfolio, including VivoCity, MBC, mTower, Mapletree Anson and BOAHF, has grown from strength to strength.
- NPI from Festival Walk edged higher by 2.9% y-o-y in 4QFY24, supported by higher auxiliary income from the atrium space, car park and ice-skating ring.
- - Read this at SGinvestors.io -
- Mapletree Pan Asia Commercial Trust share price trades at an attractive FY25 distribution yield of 7.0% and P/NAV of 0.72x. Maintain BUY. Target price: S$1.89.
MPACT's 4QFY24 Results
- Mapletree Pan Asia Commercial Trust (MPACT, SGX:N2IU) reported DPU of 2.29 cents for 4QFY24 (+1.8% y-o-y), which is in line with our expectation.
Improved cost efficiency.
- - Read this at SGinvestors.io -
- NPI margin improved 0.5ppt y-o-y to 76.5%, which underscores Mapletree Pan Asia Commercial Trust’s operational excellence and resiliency.
Singapore: Core holdings generated stellar growth.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-04-30
Previous report by UOB:
2024-02-14 Mapletree Pan Asia Commercial Trust - Singapore Leading The Charge.
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
