- Mapletree Pan Asia Commercial Trust's share price trades at FY25 distribution yield of 6.8% and P/NAV of 0.70x, which we deem attractive for a blue chip S-REIT.
- Mapletree Pan Asia Commercial Trust has de-risked its balance sheet by deleveraging through the divestment of Mapletree Anson. Its Singapore portfolio remains resilient with VivoCity benefitting as the gateway to Sentosa and Mapletree Business City (MBC) benefitting from its proximity to the CBD. It has stepped up leasing efforts to backfill vacant space in Chiba, Japan.
Pan Asian play on commercial properties.
- - Read this at SGinvestors.io -
- Mapletree Business City (MBC) is able to maintain positive rental reversion and high occupancy due to its proximity to the CBD.
Continuously enhancing VivoCity.
- 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/ 2024-07-09
Previous report by UOB:
2024-06-03 Mapletree Pan Asia Commercial Trust - Deleveraging To Add Strategic Flexibility.
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
