Mapletree PanAsia Com Tr - I think boat is back! At 1.39, yield is about 6.4 percent, NAV 1.73, Gearing is slightly above 40 percent. Do take note!
One of the index reit counter that is yielding more than 6.3% I think might be a good pivot point!
Pls dyodd.
Mapletree PanAsia Com Tr - 3rd quarter results is out! Gross Revenue is up 0.8 percent to 241.5m, NPI is up 1.7% to 182.4m but Distribution is down 9.1% due to higher finance costs increasing 14%. Gearing 40.8%.
Occupancy rate 96.7%.
XD 5th February. DIVIDEND 2.2 CENTS.
Pay date 14th March.
I think results is so so.
PLS dyodd.
— gross revenue and NPI both gained 10.1% and 8.7% YOY for 2Q24
— DPU down 8.2% YOY to 2.24 cents
— portfolio occupancy 96.3%
— gearing 40.7% with 79.9% debt on fixed
— Stable financial performance: Singapore drove growth with better performance while largely stable contributions from overseas properties were weighed down by stronger SGD
— Festival Walk: Sustained revenue supported by near full occupancy, shopper and tenant sales recovery, and continued progress towards rental stabilisation...