The COVID-19 pandemic has forced businesses to rethink their work processes and office space needs. Commercial REIT unitholders should take note. In recent weeks, DBS Group Holdings Ltd (SGX: D05), OCBC Ltd (SGX: O39) and Standard Chartered Bank (LON: STAN) have all announced plans to downsize their physical footprint in Singapore. With more companies shifting to a hybrid working style, unitholders of commercial REITs may be feeling worried. An example of a popular commercial REIT is Mapletree Commercial Trust (SGX: N2IU), or MCT. MCT’s commercial property portfolio consists of Mapletree Business City I and II (MBC I, MBC II), Mapletree Anson, mTower (former PSA Building) and Bank of America Merrill Lynch HarbourFront (MLHF). The REIT also owns the waterfront mall VivoCity. Here are five highlights from MCT’s latest financial report for the fiscal year 2020/21 ended 31 March 2021. Slight dip in revenue and net property income MCT reported that gross revenue