Mapletree Commercial Trust Commits Additional S$18 M (US$12.61 M) Of Rental Relief To Support Its Retail Tenants

March 27, 2020- Mapletree Commercial Trust (“MCT”) is committing an additional S$18 million of rental relief in the second round of assistance to its retail tenants affected by COVID-19. Deferment of payment for the fixed rent of April 2020 will also be offered. This assistance package is on top of the additional property tax rebates for qualifying commercial and non-residential properties announced by the Government earlier today, which will be fully passed on to eligible tenants.

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