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

DBS has disposed off 1.2 million units of Singapore-listed office and retail REIT, Mapletree Commercial Trust (MCT).

The units were disposed on 2 May, the day that prices for the REIT reached an intra-week high of SGD1.98.

MCT is a Singapore-focused REIT with one retail mall, and four office properties, across the island’s southern region.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.