Mapletree Pan Asia Commercial TrustMACT.SI
- Latest Trade
- trading lower1.8SGD
- As of Feb 1 2023. Values delayed up to 15 minutes
- Day Range
- 1.79 - 1.84
- 52-Week Range
- 1.52 - 1.96
Mapletree North Asia Commercial Trust's unitholders will now have an option to receive consideration in cash from a proposed S$4.2 billion ($3.10 billion) merger with Mapletree Commercial Trust , the Temasek-linked Singapore real estate investment trusts said on Monday.
Markets PerformanceOfficial Data Partner
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
- MarketsSingapore slings REIT manager into big league
Deals the world over get criticised for price and rationale, although less commonly in consensus-driven Singapore. Yet the $7 bln merger of two real estate investment trusts run by Mapletree Investments, owned by the city-state’s sovereign investment fund, has ruffled local investors as well as activists. Bigger trusts in theory have lower funding costs while diversification hedges the impact of downturns. Yet as restless managers expand their scale and prestige, investors are losing in terms of choice.