Broker Name: CGS International
Date of Report: October 23, 2025
Excerpt from CGS International report.
Report Summary
- Mapletree Pan Asia Commercial Trust (MPACT) delivered a stable 2Q/1HFY26 performance with dividend per unit (DPU) in line with expectations, supported by its resilient Singapore portfolio, especially VivoCity, which saw strong occupancy and positive rental reversions.
- Overseas assets, notably in Hong Kong, China, and Japan, continue to face headwinds, with negative rental reversions and weaker contributions, but management remains focused on diversifying tenant mix and enhancing asset value; MPACT maintains a healthy balance sheet and is trading at attractive dividend yields of around 5.5%.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com/en/home
