Mapletree Commercial Trust (SGX: N2IU), or MCT, owns a mix of retail and commercial properties in Singapore.
As of 31 March 2019, MCT’s portfolio of five properties, namely:
Bank of America Merrill Lynch HarbourFront VivoCity PSA Building Mapletree Anson Mapletree Business City Iis valued at a total of S$7.0 billion.
MCT has been one of the better-performing REITs in Singapore since its IPO in 2011. I decided to attend its latest annual general meeting and get an update on the REIT’s latest performance and developments.
Here are 12 things I learned from the 2019 Mapletree Commercial Trust AGM.
Disclaimer: This is not a sponsored post. Opinions expressed in the article should not be taken as investment advice. Please do your own due diligence.
Gross Revenue And Net Property IncomeGross revenue grew 2.4% year-on-year to S$443.9 million and net property income grew 2.6% y-o-y to S$347.6 million.
This was driven
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