0323 GMT - Mapletree Pan Asia Commercial Trust's key assets are likely to be boosted by the coming upgrades to Singapore's Sentosa island, says UOB Kay Hian's Jonathan Koh in a note. The real estate investment trust has four properties located close to the resort island, the analyst says. The expansion at Sentosa's integrated resort could draw more visitors and in turn benefit the four properties, which account for 58% of its portfolio valuation. The REIT's main asset among the four is also adding retail space and changing its tenant offerings, he notes. These factors could drive Mapletree Pan Asia's net property income higher, he adds. UOB Kay Hian retains a buy rating and S$1.84 target price on the REIT, which falls 0.7% to S$1.45. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

February 03, 2026 22:23 ET (03:23 GMT)

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