Mapletree Pan Asia Commercial Trust

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeN2IU
Listing Date27-Apr-11
Entity TypeREIT
Payout FrequencyQuarterly
Fiscal Year End31-Mar
SponsorMapletree Investments Pte Ltd
Key Statistics Stats as at: 2026-07-15
Current Price
S$1.34
Market Cap
S$6.97B
Price / NAV
0.77x
Div Yield (TTM)
5.99%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$210.74M (QoQ -5.3%)
Net Property Income$159.6M (QoQ -3.2%)
NPI Margin74.1% (QoQ -1.2%)
Distributable Income$105.54M (QoQ -9.7%)
DPU1.9 cents (QoQ -7.3%)

Portfolio Stats

AUMS$15.47B
No. Properties15
Property Yield4.23% (QoQ -1.9%)
Rental Reversion0.3%
Capital Structure

Debt Metrics

Interest Cover 3.2x (QoQ +3.2%)
Avg Debt Term 3.3 years
Gearing Ratio 36.5% (QoQ -2.1%)
Cost of Debt 3.16% (QoQ -1.3%)
Fixed Rate Debt 71.8%
Highest Annual Debt Maturity 24.0%

Lease Expiry

WALE (by GRI) 2.4 years (QoQ +4.3%)
Committed Occupancy 89.4% (QoQ +1.5%)
Income in SGD/Major Currencies 69.67%
Highest Annual Lease Expiry 29.2%

Sponsor & Manager Shareholding

REIT Sponsor 55.805%
REIT Manager 2.924%
Directors of Manager 0.097%

Management Fees

Base Fee 10% of Distributable Income
Performance Fee 25% of y-o-y growth in DPU
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)