Mapletree North Asia Commercial Trust has gone through some tough months. Their main revenue-generating asset, Festive Walk, was caught in the middle of the Hong Kong unrest and was damaged to a certain extent.

This uncertainty, have corrected its share price to as low as $1.12 from a high of $1.46.

2 days ago, the REIT announced its 3rd quarter results. There were no surprises that the revenue and income was down.

Festive Walk had to close for 48 days in total and the office have to close for 13 days. The mall and the office has since reopened, and by all reports, the first few days were rather busy.

The dividend per unit this quarter was 1.67 cents, which is 13.3% lower than the 3rd quarter last year.

The management decided to top up the distribution from Mapletree North Asia Commercial Trust’s capital base (likely the