Mapletree Pan Asia Commercial Trust - DBS Research 2024-06-28: Strategising For A New Era Of Growth

• We believe that Mapletree Pan Asia Commercial Trust's share price has found a bottom at current levels, especially after the impact of its removal from the MSCI Singapore Index has stabilised.
• - Read this at SGinvestors.io -

Higher for longer trend an overhang for higher geared REITs.

• The extended high interest rate environment has hurt S-REITs with high gearing levels, given their interest burden and less financial flexibility, which is a concern for investors vis-à-vis Mapletree Pan Asia Commercial Trust (MPACT, SGX:N2IU); its gearing levels of 40.5% as at Mar 24 stood at the upper end of its peer group.
• - Read this at SGinvestors.io -

Positive strategic moves not appreciated by market.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Read also DBS's most recent report:
2025-01-23 Mapletree Pan Asia Commercial Trust - Potential De-risking Of Mapletree Business City Anchor Lease.

Previous report by DBS:
2024-10-25 Mapletree Pan Asia Commercial Trust - A Quarter To Forget.

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