On 25 May 2018, Mapletree Greater China Commercial Trust has announced a change of name to Mapletree North Asia Commercial Trust (MNACT) as a reflection to include Japanese properties into its investment portfolio. On the same day itself, MNACT had also completed its acquisition of 6 properties in Japan and thus, enlarging its portfolio valuation to S$ 7.08 billion.
In this article, I’ll cover MNACT’s past performances and details of its recent investments in Japan. Therefore, here are the 9 things that you need to know about MNACT before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: RW0U
Market Capitalization: S$ 3.55 billion (20 June 2018)
Share Price: S$ 1.13 (20 June 2018)
#2: The Greater China Portfolio
MNACT derives income from three main properties in China. They are:
- Festival Walk
It is a 7-storey premier retail mall at Kowloon Tong, Hong Kong SAR worth …