In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have Mapletree Commercial Trust (SGX: N2IU). Previously, we featured Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05).
What’s Mapletree Commercial Trust’s Business About?Mapletree Commercial Trust is a real estate investment trust (REIT) that owns six office and retail assets in Singapore. Those properties are VivoCity, Mapletree Business City (MBC) I, Mapletree Anson, Bank of America Merrill Lynch HarbourFront, and PSA Building.
The REIT recently acquired MBC II in November 2019.
Five of those properties are located in the Greater Southern Waterfront (HarbourFront and Alexandra Precincts) area, while one is in the Central Business District (CBD).
The REIT is sponsored by Mapletree Investments Pte Ltd, a
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