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

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

The REIT saw an SGD12.3 million net outflow of funds during the trading period that began on 18 March.

MPACT is a mixed commercial REIT that owns a portfolio of retail and office assets, most of which are located across Singapore.

Related: Suntec REIT sees SGD32 million rout of institutional funds amid surprise inflation uptick

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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.