With the Coronavirus vaccine being widely distributed across the world, we can expect the economy to start recovering in 2021. As such, investors are starting to look at retail and commercial REITs to ride the recovery trend as the economy bounces back. Mapletree Commercial Trust (SGX: N2IU) is one that has definitely gathered a ton of attention recently so I will be sharing my analysis on it. Without further ado, let’s get started.
Portfolio Overview
Mapletree Commercial Trust (MCT) has a total of 5 assets in its portfolio, VivoCity, MLHF, PSA Building, Mapletree Anson, and Mapletree Business City (“MBC”). MBC is split into 2, MBC I and MBC II which together, form one of the largest integrated developments in Singapore, comprising of one office tower and seven business park blocks supported by a retail F&B cluster....