Mapletree Commercial Trust (MCT) was listed on the SGX on 27 April 2011 with an initial portfolio of 3 properties. Since then, it had completed 2 major acquisitions and thus, enlarging its portfolio to 5 properties valued at S$ 6.68 billion as at 31 March 2018. Here, I’ll share 9 key things you need to know on MCT before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: N2IU
Market Capitalization: S$ 4.46 billion (26 June 2018)
Share Price: S$ 1.55 (26 June 2018)
#2: The Portfolio
MCT owns and derives income from the following properties:
Located at the Harbourfront Precinct, it is the biggest shopping mall in Singapore. The leases are typically structured with 3-years tenures comprising of base rents, service charges, advertising and promotion charges, and turnover rents. As of 31 March 2018, it reported a 99.8% in committed occupancy rate with …