Singapore REIT Mapletree Commercial Trust adds cash-only option to $3b merger

Singapore REIT Mapletree Commercial Trust adds cash-only option to $3b merger

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.