Mapletree Pan Asia Commercial Trust - UOB Kay Hian 2024-10-29: 2QFY25 Stung By Non-renewal & Revaluation Losses From Japan

• Mapletree Pan Asia Commercial Trust unfortunately suffered a valuation decline of S$114m for three office properties at the Makuhari sub-market of Chiba, Japan.
• - Read this at SGinvestors.io -

2QFY25 DPU of 1.98 cents

• Mapletree Pan Asia Commercial Trust (SGX:N2IU) reported DPU of 1.98 cents for 2QFY25 (- 11.6% y-o-y), which is in line with our expectations.

Impacted by divestment of Mapletree Anson.

• - Read this at SGinvestors.io -
• On a constant currency basis, gross revenue and NPI declined by a smaller 5.4% and 7.9% y-o-y respectively.

Singapore: Anchor of stability.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-04-28 Mapletree Pan Asia Commercial Trust - Overcoming Adverse Operating Challenges Overseas.

Previous report by UOB:
2025-01-27 Mapletree Pan Asia Commercial Trust 3QFY25 - Strength In Singapore Overcomes Weaknesses Overseas.

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