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 acquired by institutional investors last week.

The fund inflow came amid further signs that the world’s second-largest economy is now on track for a gradual recovery.

MPACT is a mixed commercial REIT that owns a portfolio of 18 office and retail assets, five of which are located across Singapore.

Related: CapitaLand Ascendas REIT sees SGD9.5 million net inflow 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.