Mapletree Commercial Trust (MCT), a Retail and Office Trust with assets currently based in Singapore, proposed on Tuesday to acquire Phase 1 of the offices and business park assets, Mapletree Business City (MBC) from Sponsor Mapletree Investments. Current Share Price: $1.46 (down 3.3% from previous day) Annualized Dividend Per Share: $0.082 (Market Dividend Yield 5.6% | Versus other High Yield Dividend Stocks) This acquisition is huge. The value of the asset to be acquired at $1.78 bil is much much bigger than the latest Frasers Logistics and Industrial Trust IPO (Current Dividend Yield 6.25%) And it looks to expand MCT Market Capitalization by 30%. What is interesting about this acquisition  is that it comes at a period where the key operating area, which is Singapore is in a midst of a challenging retail, office and industrial leasing scenario. Not just that, ......