As Singapore is expected to enter Phase 3 of the reopening of its economy on Dec 28, OCBC Investment Research has recommended investors to focus on selected local real estate investment trusts (REITs). OCBC says certain REITs – in what the brokerage terms as the “Recovery S-REITs basket” – w...

As Singapore’s economy show signs of a strong turnaround in 3Q2020, economists from CGS-CIMB Research and DBS Group Research say the republic is on track to recovery and to meet its full-year GDP forecasts. The buoyant outlook comes as Singapore’s Ministry of Trade and Industry (MTI) revealed on...

Analysts are recommending to “buy” Mapletree North Asia Commercial Trust (MNACT) despite a rather disappointing set of 1HFY2021 results, as a glimmer of hope emerges with the trust’s gradual improvement. The trust recorded a 26% drop in its latest 1HFY2021 DPU to 2.876 cents from 3.887 cents l...

MAPLETREE North Asia Commercial Trust (MNACT) has acquired a 50 per cent stake in Pinnacle Gangnam for a price tag of 229.4 billion won (S$276.4 million).

MAPLETREE North Asia Commercial Trust (MNACT) on Thursday reported that its distribution per unit (DPU) for the first half ended Sept 30 fell 26 per cent to 2.876 Singapore cents, down from 3.887 cents a year ago.

The manager of Mapletree North Asia Commercial Trust (MNACT) has reported distribution per unit (DPU) of 2.876 cents for the 1HFY2020/2021, a 26% drop from DPU of 3.887 cents reported a year ago. Gross revenue for the half-year period fell 9.6% y-o-y to $190.1 million mainly due to the rental r...

MAPLETREE North Asia Commercial Trust (MNACT) on Thursday reported that its distribution per unit (DPU) for the first half ended Sept 30 fell 26 per cent to 2.876 Singapore cents, down from 3.887 cents a year ago.

Despite few acquisitions by S-REITs this year owing to the Covid-19 pandemic, some players here are diversifying their income streams, a sign of gradual pickup in activity, say OCBC analysts in an Oct 15 note. OCBC Investment Research is maintaining its ‘overweight’ stance on the S-REITs sector....

MAPLETREE North Asia Commercial Trust (MNACT) has received interim payments totalling HK$263 million (S$46 million) in insurance claims for property damage and revenue loss due to business interruption to Festival Walk mall in Hong Kong.

DBS Group Research, OCBC Investment Research, and CGS-CIMB have rated Mapletree North Asia Commercial Trust (MNACT) “buy” or “add” following MNACT’s acquisition announcement on September 25. The trust, together with its sponsor Mapletree Investments (MPIL), entered into a unit sale and pur...