MCT

Further relaxation of measures bodes well for office, retail and hospitality REITs: DBS - THE EDGE SINGAPORE

Broker's Calls

Further relaxation of measures bodes well for office, retail and hospitality REITs: DBS

REITs to benefit include Keppel REIT, MCT, Suntec, LREIT, FCT, Far East Hospitality Trust and CDL HT.

REITs

MCT cuts DPU by 60% to conserve cash

For the 4QFY2019/2020 ended March 31, Mapletree Commercial Trust (MCT) slashed its DPU by 60.6% y-o-y to 0.91 cent. Although MCT’s distributable amount in 4QFY2019/2020 rose 10.5% y-o-y, $43.7 million was retained to claim capital
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