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Mapletree Commercial Trust's Q1 net property income falls 10.7%

MCT's core VivoCity property (left) recorded 98.4 per cent committed occupancy as at June 30. Rental rebates were given to the retail tenants there.


MAPLETREE Commercial Trust (MCT) on Thursday reported a 10.7 per cent year-on-year decline in net property income to S$78.9 million for the first quarter, attributing it largely to rental rebates given to retail tenants at its core VivoCity property during the Covid-19 pandemic...

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