Mapletree Commercial Trust (MCT)

TOURISM

Industry outlook positive, but competition is increasing

SINGAPORE (Dec 20): Good news for Singapore’s tourism sector — visitor numbers rose in 2019.

Right Timing

STI continues to strengthen but no sign of breakout

(Dec 13): The Straits Times Index has staged a rebound during the week, and is now facing resistance at its flattening 200-day moving average at 3,224.

Broker's Calls

Analysts keep 'hold' calls on Mapletree Commercial Trust despite accretive MBC 2 acquisition

SINGAPORE (Oct 17): Analysts from OCBC Investment Research and Maybank Kim Eng Research are maintaining their “hold” calls on Mapletree Commercial Trust (MCT), despite the trust progressi

Markets

IMF cuts global GDP forecast; Rex shares spike on oil discovery

SINGAPORE (Oct 21): Although the ongoing trade war between the US and China has offered glimpses of optimism, the global economy remains largely fractured and shows signs of sinking deeper into the

REITs

REIT fundraisings continue with MCT, KORE raising equity through private placements

SINGAPORE (Oct 21): To date, real estate investment trusts are likely to have raised more than $4.3 billion in “follow-ons” such as placements and preferential equity offerings, and exclu

Equity raising

Mapletree Commercial Trust launches equity fund raising to raise more than $902 mil to help fund MBC 2 acquisition

SINGAPORE (Oct 16): The manager of Mapletree Commercial Trust (MCT) has proposed an equity fund raising to raise gross proceeds of no less than $902.3 million.

Broker's Calls

Mapletree Commercial Trust posts 2.2% rise in 2Q DPU to 2.32 cents

SINGAPORE (Oct 15): The manager of Mapletree Commercial Trust (MCT) has reported distribution per unit (DPU) of 2.32 cents for the 2Q19/20 ended September, some 2.2% higher than DPU of 2.27 cents i

Broker's Calls

Mapletree Commercial Trust cut to 'hold' despite bullish sentiment over MBC acquisition

SINGAPORE (Sept 30): Analysts are bullish on Mapletree Commercial Trust (MCT), after the REIT announced Friday it is acquiring Mapletree Business City (Phase 2) for a total of $1.58 billion.

M&A

Mapletree Commercial Trust to acquire Mapletree Business City (Phase 2) for $1.58 bil

SINGAPORE (Sept 27): Mapletree Commercial Trust (MCT) is acquiring Mapletree Business City (Phase 2) and the adjacent common premises Pasir Panjang Road in Singapore from a direct wholly-owned subs

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