A Singapore-focused REIT established to make long-term investments in a diversified portfolio of income-producing real estate for office and/or retail purposes.
Listed on the Main Board of the SGX-ST on 27 April 2011, Mapletree Commercial Trust (MCT) is a Singapore-focused REIT established to make long-term investments in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate related assets.
The portfolio currently comprises three properties located in Singapore‘s Southern Corridor:
- VivoCity – Singapore's largest retail and lifestyle mall located in the HarbourFront Precinct;
- Bank of America Merrill Lynch HarbourFront – a premium office building in the HarbourFront Precinct; and
- PSA Building – an established commercial building landmark and the tallest building in the Alexandra Precinct with a three-storey retail centre, Alexandra Retail Centre.
The properties are valued at S$2.9 billion as at 31 March 2012.
MCT is managed by Mapletree Commercial Trust Management Ltd, which is a wholly owned subsidiary of Mapletree.
For more information, please visit the Mapletree Commercial Trust.