Mapletree Industrial Trust

#2574

Rank

$4.79B

MarketCap SG

SG Singapore

Country

Summary
Mapletree Industrial Trust is a real estate investment trust (?REIT?) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets. As at 30 September 2020, MIT's total assets under management was S$6.6 billion, which comprised 84 properties in Singapore and 27 properties in North America (including 13 data centres held through the joint venture with Mapletree Investments Pte Ltd). MIT's property portfolio include Data Centres, Hi-Tech Buildings, Business Park Buildings, Flatted Factories, Stack-up/Ramp-up Buildings and Light Industrial Buildings. MIT is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.

History

Mapletree Industrial Trust (MIT) is a real estate investment trust (REIT) that was launched in October 2006. At that time, MIT was the first industrial real estate trust to be listed on the Singapore Exchange (SGX). It was established with an Initial Portfolio of 8 industrial and business park properties worth S$1.41 billion.


Mission
Mapletree Industrial Trust strives to be a preferred real estate investment trust with consistent high yields and sustainable growth over the long term.

Vision
Mapletree Industrial Trust is committed to the well-being of our shareholders and unitholders, and the continuous growth of our portfolio and investment.

Key Team

Ms. Hwei Leng Tan (Director of Investor Relations - Mapletree Industrial Trust Management Ltd.)

Ms. Mei Fong Tam (Head of Asset Management - Mapletree Industrial Trust Management Ltd.)

Mr. Paul Tan Tzyy Woon (Head of Property Management - Singapore - Mapletree Industrial Trust Management Ltd)

Ms. Siok Khim Chng (Head of Marketing - Singapore - Mapletree Industrial Trust Management Ltd.)

Mr. Tzyy Woon Tan (Head of Property Management - Mapletree Industrial Trust Management Ltd.)

Mr. Kwong Weng Wan (Joint Company Sec. of Mapletree Industrial Trust Management Ltd.)

Ms. Ann Shell-Johnson (Head of Property Management - United States - Mapletree Industrial Trust Management Ltd.)


Recognition and Awards
Mapletree Industrial Trust achieved a high ranking in Asia’s Real Estate Investment Trusts in the 2020 rankings from Forbes, as well as being named Most Transparent REIT in Singapore by Global Real Estate Transparency Awards 2018.

References
Mapletree Industrial Trust
Leadership team

Mr. Kuo Wei Tham (CEO & Exec. Director of Mapletree Industrial Trust Management Ltd.)

Ms. Lily Ler C.F.A. (Chief Financial Officer - Mapletree Industrial Trust Management Ltd.)

Mr. Che Heng Tan (Head of Investment - Mapletree Industrial Trust Management Ltd.)

Products/ Services
Real Estate
Number of Employees
100 - 500
Headquarters
Singapore, Central Region, Singapore
Established
2008
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
ME8U.SI
Thu Feb 29 2024
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