Mori Trust Sogo REIT (MTR) is merging with Mori Trust Hotel REIT (MTH) in a bid to improve their collective business operations.

MTR was listed on the J-REIT market of the Tokyo Stock Exchange in February 2004 and its portfolio comprises mainly office assets.

As at October 2022, the REIT’s portfolio consists of 16 properties, totalling JPY324.7 billion.

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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.