In today’s briefing:
- Mapletree Commercial Vs the World (Or at Least S-REIT World). Still Heads I Win Tails I Win
Mapletree Commercial Vs the World (Or at Least S-REIT World). Still Heads I Win Tails I Win
- In the waning hours of 2021, Mapletree Commercial Trust (MCT SP) and Mapletree North Asia Commercial Trust (MAGIC SP) proposed to merge to make a top 10 Asian REIT.
- MCT shareholders and “The Market” did not like it and sent MCT units lower. MNACT holder Quarz didn’t like it and complained. I wrote about all this.
- But 6+ weeks after looking at new MCT trades as Heads I Win, Tails I Win, I revisit and see no reason to change my mind.
Before it’s here, it’s on Smartkarma
