SINGAPORE (Nov 13): Mapletree North Asia Commercial Trust (MNACT) appears to be the latest casualty of the Hong Kong protests, as protestors set the REIT’s anchor asset, Festival Walk, on fire on Tuesday night. 

Festival Walk reportedly suffered “extensive damage” as Hong Kong entered a third consecutive day of chaos. Violence has escalated following five months of unrest, resulting in a night of intense battles between protestors and riot police.

In a regulatory filing before market open on Wednesday, the manager of MNACT says a few groups of protestors had smashed the glass panels at entrances to the property, including the office lobby and balustrades on various levels of the mall, on the night of Nov 12. 

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