SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered. Another reason for the meltdown was the spike in the US 10-year Treasury bond yield from 3.06% on Oct 2 to 3.18% on O...

SINGAPORE (Oct 1): “Nimble and decisive in executing their growth strategy and supported by a Sponsor with strong firepower, the Mapletree Group of REITs have been one of the more active S-REITs over the past 12 months, acquiring close to $3.1 billion in assets in Singapore, Hong Kong, China, Japa...

SINGAPORE (Sept 5): OCBC Investment Research says the Singapore REIT sector remains a good defensive shelter for investors amid macroeconomic uncertainties. For the S-REITs under its coverage universe, OCBC is projecting stable DPU growth of 1.7% for FY18/19 and 1.6% for FY19/20. “Looking ahead, w...

SINGAPORE (Aug 1): Mapletree North Asia Commercial Trust (MNACT), formerly known as Mapletree Greater China Commercial Trust, delivered 1Q19 DPU of 1.881 cents, up 1.6% y-o-y. This represents 25% of DBS’s FY19F DPU and is in line with the latter’s expectations. Mapletree North Asia Commercial Tr...

SINGAPORE (July 30): The manager of Mapletree North Asia Commercial Trust (MNACT), formerly known as Mapletree Greater China Commercial Trust, has reported a DPU of 1.881 cents for 1Q18 ended June, 1.6% higher compared to 1Q17 ended June. Mapletree North Asia Commercial Trust Management says MNACT�...

SINGAPORE (July 31): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) with a weaker outlook for the hospitality sub-sector, which has prompted a pushback in expectations for a pick-up in Singapore hotel RevPAR this year to early 2019. In a Tuesday report, lead analy...

HIGHER rental rates from its properties in mainland China and Hong Kong, as well as new contribution from its recently acquired Japanese properties boosted results for landlord Mapletree North Asia Commercial Trust (MNACT) in its first quarter.