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 once again emerged as the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors.

The outflow of funds have come against the backdrop of fresh merger terms that would amalgamate the REIT with Mapletree North Asia Commercial Trust (MNACT).

Related: Mapletree Commercial Trust sees SGD29 million rout in 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.