Mapletree Commercial Trust (MCT) (SGX: N2IU) is a Singapore listed REIT with 5 properties. Since its name has the term commercial, many of us might associate that with office buildings. Ironically, the crown jewel of Mapletree Commercial Trust is VivoCity, a retail mall beside harbour front. Currently, MCT has a market capitalisation of S$4.56 billion.
With that, here are 7 things you need to know about Mapletree Commercial Trust.
Stock Information
TICKER SYMBOL: SGX: ND8U
MARKET CAP: S$ 4.6 billion
INDUSTRY: Real Estate Investment Trust
The Business
MCT’s portfolio comprises five properties located in Singapore’s Alexandra Precinct, HarbourFront Precinct and Central Business District. These highly sort after locations due to their location near the CBD and easy access via the nearby train stations. The five properties in MCT’s portfolio are VivoCity, PSA building, Mapletree Anson, Bank of America Merrill Lynch HarbourFront and Mapletree Business City I.
Source: Mapletree ...