Mapletree Pan Asia Commercial Trust (MPACT, SGX: N2IU)
MPACT owns commercial and retail properties across Singapore, Hong Kong, China, Japan and South Korea. The REIT posted a distribution per unit (DPU) of S$0.0201 for the second quarter of fiscal year 2025/2026 (2QFY2025/2026), up 1.5% year on year (YoY), driven by its Singapore properties. NPI fell 2.2% YoY to S$163.9 million due to weaker overseas contributions. Committed occupancy stood at 88.9%, down from 96.4% a year ago, reflecting challenges in overseas markets....Singapore REITs have been under pressure over the past two years amid higher financing costs, led by high interest rates and dampened investor sentiment.
With interest rate cuts expected down the road, the outlook is likely to brighten, and REITs may be on the track to recovery.
Lower borrowing costs typically boost distributions, support asset values, and bring confidence back, making it a compelling time to revisit quality names.
We highlight four Singapore REITs that are well positioned to benefit when interest rates eventually decline.
