Photo source: Mapletree Commercial Trust’s website If you ever wanted to own a piece of a popular waterfront mall, look no further than Mapletree Commercial Trust (SGX: N2IU) or MCT. The REIT owns a portfolio of retail and commercial properties, including VivoCity, Mapletree Business City (MBC), PSA Building, Mapletree Anson and Bank of America Merrill Lynch HarbourFront (MLHF). These assets take up a total of 5 million square feet in net lettable area and are worth around S$8.9 billion. The REIT has fared better than pure retail REITs such as Frasers Centrepoint Trust (SGX: J69U) as its commercial component has held up better compared to retail. But knowing that Vivocity has a waterfront view is not quite enough. As a Smart Investor, you should take the time to look into the salient aspects of the REIT if you are considering it. Here are three important things you should note about MCT....