Analysts are generally positive on Mapletree North Asia Commercial Trust (MNACT) despite the trust announcing in its business update that 1Q21 gross revenue fell 10.7% y-o-y to $93.7 million, while NPI fell 19.5% y-o-y to $68.5 million.

Furthermore, Hong Kong announced the ban of restaurant dine-ins, and gatherings of more than two people within the special administrative region (SAR).

See: MNACT posts 19.5% fall in 1Q20/21 NPI to $68.5 mil in business update

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