Mapletree Industrial Trust's property at Changi Business Park, the Signature. (Photo: REITsWeek)

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

The REIT saw an SGD8 million net outflow of institutional funds during the period.

During the week, minutes of the last US Federal Reserve meeting in June 2023 indicate that almost all officials favoured further hikes in the interest rate.

Related: CICT sees SGD8.8 million net outflow of 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.