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:
2025-04-29 Mapletree Pan Asia Commercial Trust - Gradual Rebuild From A Solid Core.

Previous report by DBS:
2025-01-23 Mapletree Pan Asia Commercial Trust - Potential De-risking Of Mapletree Business City Anchor Lease.

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