Analysis: Mapletree Commercial Trust faces bluster of falling rents, occupancy

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Mapletree Commercial Trust (MCT) has reported nil year-on-year growth in its distribution per unit (DPU), which came in at 2.23 Singapore cents, for its 1Q FY18/19.

The REIT, which operates the mega shopping mall VivoCity, and four office properties, has also reported falling occupancies and tenant sales at selected properties.

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