, Singapore

Mapletree Commercial Trust joins the Straits Times Index

There are now four REITs in the STI.

Mapletree Commercial Trust (MCT) has officially joined the Straits Times Index (STI) with a weighting of 1.5%, announced Singapore Exchange (SGX).

This brings the number of REITs in STI to four, along with Ascendas REIT, CapitaLand Mall Trust and CapitaLand Commercial Trust, with an index weighting of 8.0%

Also read: Chart of the Day: Trading volumes of four REITs in the STI Reserve List surged 40% in 2019 YTD

At the same time, Mapletree Industrial Trust entered the STI Reserve List, along with Suntec REIT, Mapletree Logistics Trust, Keppel REIT and Mapletree North Asia Commercial Trust.

Frasers Centrepoint Trust and Keppel DC REIT were also listed in the FTSE EPRA/NAREIT Global Real Estate Index Series, whilst Frasers Logistics & Industrial Trust has been included in the GPR 250 Index Series.

Mapletree Commercial Trust's properties, namely VivoCity, MBC I, PSA Building, Mapletree Anson and MLHF, hold a combined value of $7b as of 31 March.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.
Choosier Asia buyers steer auctions toward rare art
Collectors are bidding harder for works with clear ownership histories.