Mapletree North Asia Commercial Trust
Mapletree North Asia Commercial Trust (MNACT) is the first REIT that offers investors the opportunity to invest in high quality commercial properties situated in prime locations in China, Hong Kong SAR1, Japan and South Korea. MNACT is also the fourth REIT sponsored by Mapletree Investments Pte Ltd a leading real estate development, investment, capital and property management company headquartered in Singapore.
See below for the Latest MNACT News, Analysis, Profit Results, Share Price Information, and Commentary.
MPACT's unitholder distributions suffer a 3.5% drop despite NPI stability
It attributed the decline to finance costs and high interest rates.
MPACT's unitholder distributions suffer a 3.5% drop despite NPI stability
It attributed the decline to finance costs and high interest rates.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24
The strong performance of the REIT’s Singapore portfolio contributed to the increase.
MPACT's net property income rises 2.2% QoQ to $183.2m in 2QFY23/24
The REIT likewise reported gains in its gross revenue and DPU.
Mapletree North Asia Treasury Company redeems $117.75m of 3.50% notes
The notes were issued on 22 March 2016.
Daily Markets Briefing: STI up 0.09%; Jardine Matheson is at the top
Jardine Matheson and SGX are leading at the index.
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
The “all-rounded” improvements in the trust’s Singapore properties drove the increase.
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
The profit growth was largely driven by two factors.
REITs: Top 10 outperformers for first half of May
The normalisation in Singapore has bode well for REITs in the retail sector.
MNACT, MCT unveil '4R' post-merger strategy
The strategy includes changes in their divestment and acquisitions plans.
Net asset value for MCT units to increase to $1.81 after merger with MNACT
The estimate is based on the unaudited FY21/22 results of MNACT and MCT.
MNACT unitholders to meet May 23 on proposed merger with MCT
The meeting will be held virtually.
MNACT's net income inches up by 10.2% in FY21/22
The increase was attributed to three factors.
MCT-MNACT merger likely to push through with revised trust scheme: analysts
MCT has offered an all-cash option of $1.1949 per unit to MNACT unitholders.
Mapletree North Asia Commercial Trust revision a win for unitholders: OCBC
The change is the most viable for conservative holders, says OCBC Investment Research.
Court moves MNACT’s trust application scheme hearing on 21 February
It was originally scheduled for 18 February.
MNACT settles Festival Walk insurance claim for $58.3m
The agreement comprises two payments.
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