Mapletree North Asia Commercial Trust (MNACT)

Mapletree North Asia Commercial Trust acquires Tokyo office building for $475 mil - THE EDGE SINGAPORE

REITs

Mapletree North Asia Commercial Trust acquires Tokyo office building for $475 mil

The building is currently entirely leased to Hewlett-Packard Japan.
Analysts keep 'buy' on MNACT as full-year DPU meet expectations - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' on MNACT as full-year DPU meet expectations

CGS-CIMB has given a TP of $1.15, while DBS has maintained its TP of $1.20 on MNACT.
Mapletree North Asia Commercial Trust reports higher gross revenue, NPI for 3Q20/21 - THE EDGE SINGAPORE

Results

Mapletree North Asia Commercial Trust reports higher gross revenue, NPI for 3Q20/21

Net property income (NPI) for the quarter stood 49% higher y-o-y to $75.7 million.

Broker's Calls

Analysts remain hopeful on MNACT despite disappointing 1H results

Despite a disappointing set of 1H results, analysts still see hope in this REIT

Results

Mapletree North Asia Commercial Trust sees 1H DPU drop 26% to 2.876 cents

Gross revenue for the half-year period fell 9.6% y-o-y to $190.1 million mainly due to the rental reliefs granted.
S-REITs picking up steam again by diversifying income streams: OCBC - THE EDGE SINGAPORE

Broker's Calls

S-REITs picking up steam again by diversifying income streams: OCBC

“We continue to recommend investors to adopt a balanced approach towards investing in the sector."
Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition

Units in MNACT closed flat at 92.5 cents on September 29.

Broker's Calls

Analysts upbeat on MNACT despite headwinds and negative 1Q update

Despite a negative business update and headwinds in its outlook, MNACT is still a "buy"

Results

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

The manager of Mapletree North Asia Commercial Trust (MNACT) says its financial and operational performances have continued to be impacted by the ongoing Covid-19 outbreak, particularly in Hong Kong.

REITs

MNACT says loss of retail and office revenue during Festival Walk’s closure in Hong Kong will be covered by insurance policies

The manager of Mapletree North Asia Commercial Trust (MNACT) says that the loss of retail and office revenue during Festival Walk’s closure in Hong Kong will be covered under insurance policies.
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