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

Mapletree Pan Asia Commercial Trust (MPACT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

The net fund outflow came amid news that China may be facing its worst COVID-19 wave yet, and how the Fed will likely be keeping interest rates higher for longer.

MPACT is a mixed commercial REIT with a portfolio of mostly office and retail assets across China, Singapore, Japan and South Korea.

Related: Keppel DC REIT emerges as top REIT sought after by institutional investors


Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

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.