On 26 October 2023, Mapletree Pan Asia Commercial Trust (“MPACT”) have announced their 2024 half year result. Their DPU continue to see a decrease this quarter, although the rest of their financial position metrics have remained relatively stable. This is not unexpected given the current environment. However it is trading at a discount compared to the other Mapletree REITs. Investors will need to monitor if there are any improvements as interest rates decrease in 2024. Website: Financial Statements And Related Announcement::Second Quarter And/Or Half Yearly Results Photo source: https://www.reitsweek.com/2021/12/mapletree-reits-propose-to-merge-as-mapletree-pan-asia-commercial-trust.html Background MPACT is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust. Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a...