Stock Name: Mapletree GCC Tr
Company Name: MAPLETREE GREATER CHINACOMM TR
Company Name: MAPLETREE GREATER CHINACOMM TR
| Research House: Golman Sachs | Price Call: HOLD | Target Price: 1.02 |
SINGAPORE (Oct 28): Goldman Sachs is keeping its "neutral" call on Mapletree Greater China Commercial Trust with a slightly higher price target of $1.02.
In an Oct 27 earnings review, Goldman Sachs says that although MGCCT's DPU rose 10.4% to 1.606 cents or 2% higher than its projection, rental revenue growth of Festival Walk slowed to a smaller than expected 3.6% yoy in 2QFY15 from 6.9% yoy in 1QFY15.
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