Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)

Mapletree Logistics Trust (MLT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors for the trading period that began on 15 May.

During the week, the REIT saw an SGD15.6 million net outflow of institutional funds, amid seemingly gloomier prospects ahead.

MLT is a Singapore-heavy logistics REIT with a portfolio of assets across Asia.

Related: Industrial REITs to remain attractive despite speed bumps, says Colliers

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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.