Mapletree Pan Asia Commercial Trust (MPACT) is a leading Singapore-based real estate investment trust with a high-quality and diversified portfolio of commercial properties across key gateway markets in Asia. As at 31 March 2025, MPACT owns 17 commercial properties spanning the office, retail, and business park segments, located in five core markets: Singapore, China, Japan, Hong Kong, and South Korea. Its portfolio comprises approximately 10.4 million square feet of lettable area and is valued at S$15.96 billion, anchored by flagship assets such as VivoCity and Mapletree Business City in Singapore and Festival Walk in Hong Kong. To gain a deeper understanding of MPACT’s recent performance and strategic priorities, I attended its FY2024/25 AGM. The AGM provided meaningful insights into the REIT’s efforts to sharpen its focus on core Singapore assets, pursue disciplined capital recycling, and maintain financial resilience, even as it navigates macroeconomic headwinds and regional market uncertainties. Here are…