Mapletree Said to Seek About $1.2 Billion in REIT Offering

Mapletree Said to Seek About $1.2 Billion in REIT Offering

Munshi Ahmed/Bloomberg

Mapletree Commercial Trust, which raised $754 million in April 2011, and Mapletree Industrial Trust, which completed a $714 million IPO in October 2010, are both up about 50 percent from their offer prices.