Mapletree Commercial Trust's VivoCity. (Photo: REITsWeek)

Mapletree Commercial Trust (MCT) has dropped a major tenant at VivoCity as part of efforts to rejuvenate the property, a spokesperson from the REIT has confirmed.

In response to queries from REITsWeek, the REIT has also given further details on plans to replace the tenant, which currently occupies two floors in the property.

VivoCity is a flagship retail property of the REIT, which currently has a portfolio of five properties across Singapore.

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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.