Mapletree Pan Asia Commercial Trust (N2IU.SI)
Mapletree Pan Asia Commercial Trust operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Singapore, CE, SG. The stock last traded at $1.22, up 0.83% on the session, giving a market capitalisation of $6.45B. Its beta of 0.95 implies it has historically moved less than the broad market.
Mapletree Pan Asia Commercial Trust is a real estate investment trust positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited on 27 April 2011, it made its public market debut as Mapletree Commercial Trust and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust. Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, Hong Kong, China, Japan and South Korea).
Mapletree Pan Asia Commercial Trust is most often compared with the following Real Estate names: