Analysts from CGS-CIMB Research and OCBC Investment Research (OIR) has kept their “add” and “buy” calls on Mapletree North Asia Commercial Trust (MNACT) albeit with lower target prices of $1.12 and $1.15 from $1.15 and $1.18 respectively.

That said, MNACT’s gross revenue and net property income (NPI) of $103 million and $78.3 million stood broadly in line with expectations from both brokerages.

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