Hong Kong has many similarities to Singapore. Being a city state, a financial hub and a high-density metropolis, Hong Kong and Singapore are almost considered as sisters’ cities. Moreover, many Singaporeans are familiar with Hong Kong’s exciting retail scene in Causeway Bay, Mong Kok or Tsim Sha Tsui.
However, not many are aware that a major shopping mall located away from its city centre is actually owned by a Singapore entity. While its location in Kowloon Tong is primarily a residential area, the shopping mall is no less glitzy than the centrally-located malls. This property is the Festival Walk (FW), owned by Singapore-listedMapletree Greater China Commercial Trust (MGCCT) (SGX:RW0U).
We shall now look at what is Mapletree Greater China Commercial Trust made up of. Maybe, you can consider visiting Festival Walk in your next trip to Hong Kong.
Ticker Symbol: RW0U
Market Capitalisation: S$3.1b
Sector: Real …