Mapletree Business City (Phase 2)

REITs

Google to vacate "a portion" of space at FLCT's Alexandra Technopark

The space to be given by Google constitutes 1.7% of FLCT's gross rental income for Dec 2022.

Broker's Calls

MCT kept at ‘buy’ on strong performance from Vivocity and MBC acquisitions

Maybank’s Kim Eng Research has kept its “buy” call for Mapletree Commercial Trust (MCT) with an unchanged target price of $2.15.

Broker's Calls

Mapletree Commercial Trust cut to 'hold' despite bullish sentiment over MBC acquisition

SINGAPORE (Sept 30): Analysts are bullish on Mapletree Commercial Trust (MCT), after the REIT announced Friday it is acquiring Mapletree Business City (Phase 2) for a total of $1.58 billion.

M&A

Mapletree Commercial Trust to acquire Mapletree Business City (Phase 2) for $1.58 bil

SINGAPORE (Sept 27): Mapletree Commercial Trust (MCT) is acquiring Mapletree Business City (Phase 2) and the adjacent common premises Pasir Panjang Road in Singapore from a direct wholly-owned subsidiary of sponsor Mapletree Investments for $1.58 billion,
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