Mapletree Investments

Mapletree Investments
Privately owned company
Industry Property, Investment
Headquarters Singapore
Key people
 Hiew Yoon Khong, Group CEO
Website Mapletree.com.sg

Mapletree Investments Pte Ltd is a real estate development, investment and capital management company headquartered in Singapore. Mapletree Investments operates as a private equity firm and provides real estate investment management services.

Overview

From an initial asset base of S$2.6 billion which it held in 2001, Mapletree owns and manages S$39.5 billion of office, logistics, industrial, residential, student accommodation,[1] corporate housing/serviced apartment and retail/lifestyle properties at the end of FY16/17.[2]

Mapletree currently manages four Singapore-listed real estate investment trusts (“REITs”) and six private equity real estate funds and owns a portfolio of assets in Singapore, Asia Pacific, Europe and the United States. In February 2017, Mapletree announced the acquisition of Oakwood Worldwide. The acquisition is part of its long-term strategy to strengthen its corporate housing and serviced apartment business.[3]

Mapletree's strategic focus is to invest in markets and real estate sectors with good growth potential. The Group has established offices in Singapore, China, Hong Kong SAR, India, Japan, Malaysia, South Korea, Vietnam, Australia and UK. Mapletree’s property portfolio includes projects in Singapore such as the VivoCity and Mapletree Business City as well as mixed-use developments in the region such as Mapletree Business City Shanghai and VivoCity Shanghai, and Nanhai Business City in China. [4]

REITs

Mapletree manages four real estate investment trusts (REITs) that are listed on the Singapore Exchange (SGX).

Mapletree Logistics Trust (MLT)

Mapletree Logistics Trust (MLT) is the first Asia-focused logistics REIT in Singapore. MLT is managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree. MLT was listed on the Main Board of the SGX-ST on 28 July 2005 with an initial portfolio of 15 Singapore-based properties was valued at S$422 million. As at 31 March 2017, MLT grew its portfolio to 127 properties with a total book value of S$5.5 billion. The portfolio spans eight geographical markets, namely Singapore, Malaysia, Hong Kong SAR, China, Japan, South Korea, Vietnam and Australia.[5]

Mapletree Industrial Trust (MIT)

Mapletree Industrial Trust (MIT) is a Singapore-focused REIT that debuted on the SGX on 21 October 2010 as Singapore's largest REIT IPO. MIT is managed by Mapletree Industrial Trust Management Ltd, a wholly owned subsidiary of Mapletree. MIT’s portfolio comprises 86 properties valued at approximately S$3.7 billion as at 31 March 2017. They include business park buildings, flatted factories, stack-up/ramp-up buildings, light industrial buildings and hi-tech buildings.[6]

Mapletree Commercial Trust (MCT)

Listed on the Main Board of the SGX-ST on 27 April 2011, Mapletree Commercial Trust (MCT) is a Singapore-focused REIT established to make long-term investments in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes. MCT is managed by Mapletree Commercial Trust Management Ltd, which is a wholly owned subsidiary of Mapletree. The portfolio comprises five properties in Singapore including VivoCity, Mapletree Anson, Bank of America Merrill Lynch HarbourFront and Mapletree Business City I, and are valued at approximately S$6.3 billion as at 31 March 2017. In August 2016, MCT acquired its fifth property, Mapletree Business City I, one of the largest integrated office and business park complexes in Singapore with Grade-A building specifications.[7]

Mapletree Greater China Commercial Trust (MGCCT)

Listed on the Main Board of the SGX-ST on 7 March 2013, Mapletree Greater China Commercial Trust (MGCCT) aims to invest in commercial real estate assets (including retail and/or offices) in Greater China. MGCCT is managed by Mapletree Greater China Commercial Trust Management Ltd, a wholly owned subsidiary of Mapletree. The portfolio comprises Festival Walk in Hong Kong SAR, Gateway Plaza in Beijing and Sandhill Plaza in Shanghai, valued at approximately S$6.2 billion as at 31 March 2017.[8]

See also

References

  1. ↑ Evans, Judith (March 7, 2016). "Arm of Singapore's Temasek agrees £417m deal for UK student digs". Financial Times. United Kingdom. Retrieved June 5, 2017.
  2. ↑ "Mapletree Homepage".
  3. ↑ "Mapletree Homepage".
  4. ↑ "Mapletree Homepage".
  5. ↑ "Mapletree Homepage".
  6. ↑ "Mapletree Homepage".
  7. ↑ "Mapletree Homepage".
  8. ↑ "Mapletree Homepage".
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