You are here

MCT makes S$1.78b purchase from sponsor

It is acquiring office and business park interest in Mapletree Business City Phase 1

BT_20160706_LKMCT6_2372184.jpg
Mapletree Business City: MBC Phase 1 is among the largest integrated office and business park complexes in Singapore with building specifications comparable to Grade-A offices in the CBD and certified Green Mark Platinum.

Singapore

MAPLETREE Commercial Trust (MCT) has agreed to acquire the office and business park components of Mapletree Business City Phase 1 (MBC Phase 1) from its sponsor Mapletree Investments for S$1.78 billion.

This involves the purchase of the strata leasehold interest of an

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom