Mapletree PanAsia Com Tr - 3rd quarter results is out.DPU is up 2.5 percent to 2.05 cents , it has finally turning around looking good!
3Q FY25/26 DPU up 2.5% yoy to 2.05 Singapore cents. XD 6th Feb, paydate 18 March 2026.
• Singapore NPI up 5.3% in 3Q FY25/26 and 4.8% in YTD FY25/26 on a yoy
comparable basis, cushioning overseas headwinds
• VivoCity NPI up 10.1% yoy in 3Q FY25/26, with 14.7% rental uplift, sustained full
committed occupancy and 4.4% yoy tenant sales growth
• Portfolio achieves positive rental reversion of 0.3% despite overseas market pressures
26 – MPACT Management Ltd., as manager of Mapletree Pan Asia
Commercial Trust (“MPACT” and as manager of MPACT, the “Manager”), announced its
financial results for 3Q FY25/26 and Financial Period from 1 April 2025 to 31 December 2025.
Strong Singapore operations, strategic portfolio optimisation and debt reduction, supported by
lower interest rates, delivered resilient Distribution per Unit (“DPU”) performance across both
periods despite overseas headwinds.
3Q FY25/26 gross revenue and net property income (“NPI”) declined 1.9% and 1.2% year-on-
year (“yoy”) to S$219.4 million and S$164.9 million, respectively. This was largely due to lower
overseas contributions and the absence of full-period contributions from TS Ikebukuro Building
(“TSI”) and ABAS Shin-Yokohama Building (“ASY”), which were divested on 22 August 2025
and 28 August 2025, respectively.
Singapore’s gross revenue and NPI grew 3.5% and 5.3% yoy respectively, led by VivoCity
following the completion of its Basement 2 asset enhancement initiative (“AEI”), alongside
continued full committed occupancy and robust rental growth, as well as higher contribution
from Mapletree Business City (“MBC”) and Other Singapore Properties.
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