Post-merger, the new REIT will be named Mapletree Pan Asia Commercial Trust (MPACT). It will be Mapletree’s flagship commercial REIT positioned to be the proxy to key gateway markets of Asia.
The managers of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have, on Dec 31, announced the proposed merger of both REITs.
MCT is Singapore’s largest pure-play commercial REIT while MNACT is the first and only North Asia-focused REIT to be listed in Singapore.
