When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
MPCMF - Mapletree Commercial Trust: Awaiting More Visibility On Future Acquisitions
Mapletree Commercial Trust Units Real Estate Investment Trust Reg S
The REIT is expected to deliver positive DPU growth for FY 2021, thanks to the release of distributable income previously retained and the recovery in tenant sales and shopper traffic.
Acquisitions are likely to take a backseat for now, as Mapletree Commercial Trust continues to focus on its home market and the lack of attractive targets at reasonable valuations.
Mapletree Commercial Trust trades at 1.04 times P/B, and it offers a consensus forward FY 2022 (YE March) distribution yield of 5.4%.