Mapletree Investments

Mapletree Investments
TypePrivately owned company
IndustryProperty, Investment
Founded18 December 2000; 23 years ago (2000-12-18)
HeadquartersSingapore
Key people
Edmund Cheng
(Chairperson)
Hiew Yoon Khong
(Group CEO)
RevenueS$2.86 billion [1]
AUMS$77.4 billion (as at 31 March 2023)[2]
Total assetsIncrease S$57.0 billion (2023)[1]
Total equityIncrease S$31.3 billion (2023)[1]
Number of employees
2400+[1]
WebsiteMapletree.com.sg

Headquartered in Singapore, Mapletree Investments Pte Ltd is a global real estate development, investment, capital and property management company. The Group currently manages three Singapore-listed real estate investment trusts (REITs) and eight private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (UK) and the United States (US).

Introduction

On 7 December 2000, PSA Corporation formed The HarbourFront Ltd to transfer its non-port properties to Temasek Holdings.[3] Mapletree Investments Pte Ltd was later formed on 18 December 2000.

Mapletree owns and manages S$77.4 billion of office, retail, logistics, industrial, data centre, residential, and student accommodation[4] properties at the end of FY2022/2023.The properties are located across 13 markets globally.

The group has offices in Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia,  South Korea, the UK, the US and Vietnam. Mapletree's property portfolio includes projects in Singapore such as VivoCity, Mapletree Business City, and Saigon South Place in Ho Chi Minh City, Vietnam.[5]

Real estate investment trusts

Mapletree manages three real estate investment trusts that are listed on the Singapore Exchange:

  • Mapletree Logistics Trust (MLT)[6]
  • Mapletree Industrial Trust (MIT)[7]
  • Mapletree Pan Asia Commercial Trust (MPACT)[8]

Private real estate funds

Mapletree currently manages eight private real estate funds:

  • Mapletree Global Student Accommodation Private Trust (MGSA)[9]
  • Mapletree US & EU Logistics Private Trust (MUSEL)[10]
  • Mapletree Australia Commercial Private Trust (MASCOT)[11]
  • Mapletree Europe Income Trust (MERIT)[12]
  • Mapletree US Income Commercial Trust (MUSIC)[13]
  • Mapletree US Logistics Private Trust (MUSLOG)[14]
  • Mapletree China Logistics Ivestment Private Fund (MCLIP)
  • India Real Estate Investment Platform

References

  1. ^ a b c d "Mapletree Investments Pte Ltd. Annual Report 2022/2023". Retrieved 4 August 2023.
  2. ^ "Mapletree - Overview".
  3. ^ "PSA Sets Up New Vehicle To Pursue HarbourFront Business While Sharpening Focus On core Business". Mapletree. 7 December 2000. Retrieved 22 July 2019.
  4. ^ "Mapletree Homepage".
  5. ^ "Mapletree Annual Report 2022/2023". Mapletree Investments.
  6. ^ "MLT Homepage".
  7. ^ "MIT Homepage".
  8. ^ "MCT Homepage".
  9. ^ "Mapletree Private Real Estate Fund - MGSA".
  10. ^ "Mapletree Private Real Estate Fund - MUSEL".
  11. ^ "Mapletree Private Real Estate Fund - MASCOT".
  12. ^ "Mapletree Private Real Estate Fund - MERIT".
  13. ^ "Mapletree Private Real Estate Fund - MUSIC".
  14. ^ "Mapletree Private Real Estate Fund - MUSLOG".

External links