Mapletree Pan Asia Commercial Trust Completes Divestment of Office Component of Festival Walk

MT Newswires

02/02

Mapletree Pan Asia Commercial Trust (SGX:N2IU) completed the divestment of the office component of Festival Walk in Hong Kong, according to a Monday filing with the Singapore Exchange.

In a filing from Dec. 10, 2025, the trust had agreed to sell the office component of the Festival Walk to an unrelated third party for around HK$1.96 billion.

The trust retains 100% ownership and operations of Festival Walk's retail mall which covers a lettable area of around 588,890 square feet.

Following the divestment, the trust's portfolio comprises 15 commercial properties, valued at SG$15.5 billion.

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