Mapletree's 18 Tai Seng Street. (Photo: Mapletree Industrial Trust)

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

During the trading period that began on 24 June, MIT saw an SGD8.0 million net outflow of institutional funds.

The net outflow of institutional funds came ahead of inflation data from the US Department of Commerce, which was released on 28 June.

Related: CapitaLand Ascendas REIT sees SGD19.3 million 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.