Mapletree Commercial Trust property, ARC, in Singapore (Photo: REITsWeek)Mapletree Commercial Trust property, ARC, in Singapore (Photo: REITsWeek)

Singapore-listed office and retail REIT, Mapletree Commercial Trust (SGX:N2IU) announced on 11 January that it has taken on two separate bilateral five-year term loan facilities to borrow an aggregate of SGD190 million.

The facilities were taken on via DBS Trustee Limited acting in its capacity as trustee of the REIT.

Units of Mapletree Commercial Trust are currently listed on the Singapore Exchange at SGD1.27.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.