Mapletree Commercial Trust property, VivoCity. (Photo: Mapletree Commercial Trust)Mapletree Pan Asia Commercial Trust property, VivoCity. (Photo: Mapletree Commercial Trust)

Mapletree Commercial Trust (MCT) has emerged as the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors during the trading week that began on 28 March.

The disposals came in the wake of news that the REIT is providing a ‘cash-only’ option to Mapletree North Asia Commercial Trust’s (MNACT’s) unitholders as part of its merger bid.

Related: Mapletree’s North Asia REIT sees SGD125 million inflow of institutional funds

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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.