MapleTree Commercial Trust MCT (SGX:N2IU) has grown its distribution per unit at CAGR 7.1% since IPO. It is indeed one of the best managed #reit in #Singapore.
In this video, you’d learn the value of VIVOCITY mall and the retail risk #vivocity faces.

You’d also see the office tower revenue growth
As well as what their new business parks deliver.
Mapletree Business City (MBC) I was acquired in Aug2016
Mapletree Business City (MBC) II was acquired in Sep2019 and google is there right now.
The rate is cheaper than a grade A office in CBD and perhaps it is a resilient asset class.

In addition, government will be building up the greater southern waterfront and this benefits MCT’s assets.