| Dividend Yield | 5.69% |
| P/B Ratio | 0.78 |
| Aggregate Leverage Ratio | 37.3 |
| Occupancy Rate | 88.1% |
| WALE | 2.3 year(s) |
| Interest Coverage Ratio | 3.1 times |
| Fixed Rate Debt | 71.8% |
| Ex-dividend Date | 6 Feb 2026 |
| Record Date | 9 Feb 2026 |
| Payout Date | 18 Mar 2026 |
| Type | Office & Retail |
Remarks
MPACT reported a mixed 3Q FY25/26 result. Gross revenue declined by -1.9%, NPI by -1.2%, and DPU up by 2.5%. This follows the disappointing result from the previous quarter.
Lower revenue was driven by Mapletree Anson's divestment and lower occupancy in its Japanese & China properties.
David Ang - 30 Jan 2026In 3Q FY25/26, we began to see borrowing costs improve, declining to 3.2% (down from 3.23%, 3.32%, and 3.51% in the previous three quarters).
David Ang - 30 Jan 2026The debt maturity profile is relatively well-staggered, with no more due in FY25/26 and approximately 6% due in FY26/27. These relatively lower refinancing obligations protect MPACT from a higher-interest-rate environment.
David Ang - 30 Jan 2026MPACT's debt profile strengthened slightly in 3Q FY25/26. The aggregate leverage ratio strengthened slightly to 37.3%. The adjusted ICR increased slightly to 3.1x.
David Ang - 30 Jan 2026This REIT has a ~36% exposure to the slowing markets of China, Hong Kong, and Japan. The property sector in those regions is under pressure, impacting MPACT's asset value. Rental reversion in those regions also remained negative in 3Q FY25/26, with HK properties experiencing a -10.5% decline, China properties a -21.2% decline, and Japan properties finally showing a slight rebound of 0.4% increase.
David Ang - 30 Jan 2026Geographical Exposure
| Singapore | 63% |
| Hong Kong | 21% |
| China | 8% |
| Japan | 7% |
| South Korea | 1% |
Sectoral Exposure
| Office | 54.4% |
| Retail | 45.6% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY25/26 | 0 | 0% |
| FY26/27 | 572 | 6% |
| FY27/28 | 1,416 | 24% |
| FY28/29 | 1,345 | 23% |
| FY29/30 | 1,267 | 21% |
| FY30/31 | 1,029 | 17% |
| FY31/32 | 200 | 3% |
| FY32/33 | 200 | 3% |
| FY33/34 | 200 | 3% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.