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

Despite China’s gradual re-opening post-COVID, Mapletree Pan Asia Commercial Trust (MPACT) saw no reprieve in the net outflow of institutional funds for December 2022.

The counter has emerged as the top Singapore Exchange (SGX)-listed REIT disposed of by institutional unitholders during the month.

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

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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.