Mapletree Commercial Trust's Mapletree Business City. (Photo: Mapletree Commercial Trust)

Amid a more diverse property portfolio and sustained earnings growth at Mapletree Commercial Trust (MCT), Moody's Investors Service has affirmed the REIT’s 'Baa1' issuer rating.

Similar and provisional ratings on the REIT’s senior unsecured notes programs have also been similarly affimed by the ratings agency, with a stable outlook on all ratings.

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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.