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Macquarie Prime REIT or MP REIT (formerly known as Macquarie MEAG Prime REIT), was listed on the Singapore Stock Exchange on 20 September 2005. The Singapore-based real estate investment trust had an initial property portfolio comprising two landmark properties in Orchard Road, Singapore.
In 2007, MP REIT acquired seven properties located in the prime areas of Roppongi, Shibuya-ku, Minato-ku and Meguro-ku in Tokyo, and a premier retail property in Chengdu, China, growing its asset portfolio to S$2.2 billion. With the acquisition in Chengdu, MP REIT has also obtained first right of refusal to a pipeline of opportunities in China, in particular, to another two prime retail properties in Chengdu with combined GFA of more than 1 million square feet.
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