The Straits Times Index (STI) closed April up 1.7% m-o-m - its sixth consecutive m-o-m gain - riding on the continued economic recovery, say CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng Choon Heng. The analysts note the gain in April followed the US$2 trillion ($2.7 trillion) US infrastruc...

Analysts from CGS-CIMB Research and DBS Group Research are upbeat on Mapletree North Asia Commercial Trust (MNACT) after the REIT posted distribution per unit (DPU) of 6.175 cents for the FY2020/2021 ended March, 13.3% lower than DPU of 7.124 cents from the year before. CGS-CIMB analysts Lock Mun Y...

MAPLETREE North Asia Commercial Trust (MNACT) on Thursday posted a distribution per unit (DPU) of 6.175 Singapore cents for the year ended March 31, down 13.3 per cent from the previous year.

MAPLETREE North Asia Commercial Trust (MNACT) on Thursday posted a distribution per unit (DPU) of 6.175 Singapore cents for the year ending March 31, down 13.3 per cent from the previous year.

Mapletree North Asia Commercial Trust has reported a distribution unit for the year ended March 31 2021 of 6.175 cents per unit, down 13.3% from 7.124 cents, due to the impact of the pandemic. Revenue and net property income for the year was up 10.4% to $391.4 million, and up 5.2% to $292 million re...

Mapletree Investments, a property developer and manager, is exploring listing a student housing real estate investment trust in Singapore that could raise about US$1 billion, according to people familiar with the matter. The company, which is owned by Singapore’s state investment fund Temasek Hold...

In its Singapore Equity Picks report dated April 16, the team at DBS Group Research says it has turned “net seller” in the past month to capitalise on the “dividend-driven” rally in March to April and to lower its equity exposure in May, which is a seasonally weak month. On this, it has incl...

DBS Group Research analysts Yeo Kee Yan, Chung Wei Le and Janice Chua have recommended investors to accumulate ComfortDelGro (CDG), Dairy Farm and Singapore Telecommunications (SingTel) at bargains as these “laggard large caps”, as the team led by Yeo calls them, offer recovery potential and tra...

Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Star...

Singapore’s DBS Group Holdings, CapitaLand, Mapletree North Asia Commercial Trust (MNACT), Frasers Logistics & Commercial Trust (FLCT), Ascendas REIT (A-REIT), Ascott Residence Trust (ART) and Mapletree Industrial Trust (MINT) are among OCBC Investment Research’s (OIR) top picks, which shoul...