|Bid||1.15 x 0|
|Ask||1.16 x 0|
|Day's range||1.1400 - 1.1600|
|52-week range||1.0700 - 1.2800|
|Beta (3Y monthly)||0.51|
|PE ratio (TTM)||5.86|
|Earnings date||23 Jan 2019 - 28 Jan 2019|
|Forward dividend & yield||0.08 (6.64%)|
|1y target est||1.32|
Mapletree North Asia Commerical Trust (SGX: RW0U) reported a 3.1% increase in its distribution per unit (DPU) last Friday.
Mapletree Greater China Commercial Trust (MGCCT) bought a 98.47% interest in a portfolio of six freehold commercial real estate assets located in Tokyo, Yokohama, and Chiba from MJOF Pte. Ltd. 3 for a price of $753.4m (¥60.93b). According to an announcement, the Japan Portfolio comprises six freehold office buildings with three in Tokyo (IXINAL Monzen-nakacho Building, Higashi-nihonbashi 1-chome Building, and TS Ikebukuro Building), ABAS Shin-Yokohama Building in Yokohama, and two in Chiba (SII Makuhari Building and Fujitsu Makuhari Building). The portfolio has an occupancy rate of 99.9%, a WALE of 5.8 years, and a tenant base of 21 tenants comprised of Seiko Instruments Inc, Fujitsu, Japan Information Processing Service, and PERSOL.
Between 2005 and 2013, Mapletree Logistics Trust (MLT), Mapletree Industrial Trust (MIT), Mapletree Commercial Trust (MCT) and Mapletree Greater China Commercial Trust (MGCCT) listed on SGX. Combined market cap of these REITs grew 2.6x to present. The four Mapletree REITS have averaged 14.5% distribution-inclusive returns from IPO date to present & currently maintain an average […]
Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings. Mapletree Greater China Commercial Trust's (MGCCT) full-year net property income (NPI) slightly rose by 3% YoY from ...
The first one on the list is Mapletree Greater China Commercial Trust (SGX: RW0U), a REIT that focuses on commercial and retail real estate in China and Hong Kong. It currently has three properties in its portfolio, namely, the Festival Walk retail mall in Hong Kong, the office building Gateway Plaza in Beijing, and the business park Sandhill Plaza in Shanghai. Looking back at the performances of each respective sectors, Maritime, Financials and Real estate sectors topped the chart delivering remarkable double-digit gains amidst oil price recovery, a gradual US rates hike and property market rebound.