Key Facts
Developing for success and sustainability
History & Milestones
  • MGCCT lists on the Singapore Exchange

    2013
  • International attention for sustainable design

    2012
  • One of the top five Consistent Performing Closed-End Private Real Estate Fund Managers

    2011
  • MIT lists on the Singapore Exchange

    2010
  • Build-to-suit, commercial mixed-use, business park and industrial developments

    2009
  • MBC @ Binh Duong, Vietnam; and more on MICF

    2008
  • Mapletree partnerships

    2007
  • Opening of VivoCity Singapore, St James Power Station and groundbreaking of Merrill Lynch HarbourFront

    2006
  • Mapletree and CIMB launch CIMB-Mapletree Real Estate Fund 1; Mapletree enters Japan and Vietnam markets

    2005
  • CIMB Mapletree Management Berhad, TIC Tech Centre and VivoCity

    2004
  • Mapletree reopens revamped World Trade Centre as HarbourFront Centre

    2003
  • 2000

January

Mapletree celebrates the groundbreaking of South Station Enterprise City in Sanshan New City in Foshan, China, the first and largest premium business development to be built within Guangzhou South Railway Station economic circle.

Mapletree Logistics Trust makes further headway into the China market with the acquisition of Mapletree Wuxi Logistics Park (MWLP) from its sponsor, Mapletree at RMB116 million.

February

Mapletree Commercial Trust makes its maiden acquisition with Mapletree Anson, a 19-storey Grade-A premium office building strategically located within Singapore’s CBD.

Jaya Shopping Centre, a redeveloped seven storey neighbourhood mall managed by CIMB-Mapletree Real Estate Fund 1, signs agreements with 12 new anchor and key tenants prior to its soft opening scheduled in the fourth quarter of 2013.

Completed in February 2013, MENARA CIMB is a 41-storey Grade-A office building with a NLA of 56,578 sqm and 10 levels of carpark. It is located at KL Sentral, Kuala Lumpur and is designed to meet the standards of Singapore’s BCA Green Mark Gold and Malaysia’s Green Building Index.

Mapletree hosts ‘Arts in the City’, a series of arts performances and arts-based workshops at Mapletree Business City that aims to bring arts to the working community.

Mapletree celebrates the topping-out of VivoCity Nanhai in Foshan, China which is scheduled to open by 1Q 2014.

Expected to be completed in 2017, the design of Marina One is unveiled in the presence of Singapore’s Prime Minister Lee Hsien Loong and the Malaysian Prime Minister Najib Razak.

March

Mapletree successfully lists its fourth REIT, Mapletree Greater China Commercial Trust on the Singapore Exchange on 7 March 2013. Priced at S$0.93 per unit, the IPO was 29.5 times subscribed and raised more than S$1.6 billion, making it the largest REIT IPO in Singapore to date.

Mapletree celebrates the groundbreaking of Mapletree Minhang Development Project in Shanghai. Spanning a total GFA of 297,000 sqm, the mixed-use commercial centre incorporates two signature Mapletree brands – Mapletree Business City and VivoCity.

Mapletree Industrial Trust signs an agreement to develop a new data centre for Equinix in Singapore. The S$108 million build-to-suit development has an estimated GFA of 385,000 sq ft and is located in Southwest Singapore within the one-north development.

May

Mapletree is awarded prime land site in Hong Kong SAR to develop a modern, multi-storey ramp-up logistics facility in the city. At about 21,000 square metres, the site is close to the Kwai Chung Container Terminal, and enjoys easy connectivity to all parts of the city and the mainland China border.

February

Mapletree steps up its presence in South China with plans to develop an integrated office and business park development within the Sanshan New City in Foshan, Nanhai.

March

Mapletree celebrates the groundbreaking of SC VivoCity, its first VivoCity mall in Vietnam.

April

Mapletree Logistics Trust expands its presence in South Korea with the acquisition of two cold storage warehouses for KRW63.5 billion.

May

Mapletree Business City receives international attention for sustainable design when it emerges as runner-up in the Green Building Category of the Federation Internationale des Administrateurs de Bien-Conselis Immobiliers (FIABCI) Prix d’Excellence Awards.

Mapletree is conferred the Patron of the Arts Award by the National Arts Council for its efforts to promote artistic endeavours in Singapore.

Mapletree Industrial Trust secures a S$50 million build-to-suit project for Kulicke and Soffa to develop its new global headquarters in Singapore.

June

Mapletree successfully establishes a US$3 billion Euro Medium Term Note Programme, increasing its access to the international debt capital markets outside the USA. This further diversifies and broadens Mapletree’s funding sources to support its business growth.

Mapletree Logistics Trust Management Ltd. is ranked 45th of Singapore’s Top 100 Brands by Brand Finance, a leading independent intangible asset and brand valuation consultancy, up from 110th position in 2011.

July

As the Project Manager for Marina One, Mapletree Project Management Pte Ltd celebrates the groundbreaking of the integrated development at Singapore’s new Central Business District at Marina South.

August

Mapletree expands presence in China’s logistics real estate space with the groundbreaking of Mapletree (Zhengzhou) International Logistics Park in Henan.

Mapletree Commercial Trust successfully sets up a S$1 billion Multicurrency Medium Term Note Programme and subsequently issued S$160 million in principal amount of 3.60% Medium Term Notes due 2020 under the Programme.

September

Mapletree Logistics Trust acquires Hyundai Logistics Centre in Gyeonggi-do of South Korea for KRW22.5 billion.

Mapletree Industrial Trust issues S$45 million in principal amount of 3.65% Fixed Rate Notes due 2022, the second issuance under its S$1 billion Multicurrency Medium Term Note Programme established in 2011.

Mapletree is named Best Industrial/Warehouse Developer in Singapore at Euromoney’s Real Estate Awards.

At the ASEAN Energy Awards 2012 – Energy Efficient Building Competition, HarbourFront Centre emerges winner in the Retrofitted Category, whilst Mapletree Business City is second runner-up in the New and Existing Category.

VivoCity Nanhai in South China secures its first batch of anchor tenants, with UA Cinemas and LOTUS Hypermarket signing their leases at the marketing launch of the four-storey retail mall.

January

The Building and Construction Authority (BCA) of Singapore certifies HarbourFront Centre as Green Mark Platinum under the “Existing Buildings” category – the highest rating for buildings with green features in Singapore.

April

Mapletree’s third REIT, Mapletree Commercial Trust is successfully listed on the Singapore Exchange on 27 April 2011. At S$0.88 per unit, the IPO raises a sizeable S$949.5 million, making it the largest REIT IPO in Singapore.

May

Mapletree Logistics Trust makes its largest investment in South Korea to date with the acquisition of KPPC Pyeongtaek Centre in Gyeonggi-do for KRW75.6 billion.

June

Mapletree celebrates the groundbreaking of VivoCity Nanhai, its second VivoCity mall in China.

July

Mapletree Industrial Trust acquires a portfolio of 11 properties from Singapore’s JTC Corporation for S$400.3 million. This brings the total number of MIT properties to 81 with a portfolio value of S$2.6 billion.

Mapletree makes the largest real estate transaction in Hong Kong’s history with the acquisition of Festival Walk, its first commercial property in Hong Kong SAR, for HK$19.3 billion.

October

Mapletree Business City wins the FIABCI Singapore Property Award for Sustainable Development as well as the Skyrise Greenery Award (Merit) by the Singapore Institute of Architects and National Parks Board.

Mapletree Logistics is named Asia Pacific Logistics Park Developer of the Year by top market research and consulting firm Frost & Sullivan.

VivoCity Xi’an (China), Mapletree’s first VivoCity to debut outside Singapore, officially opens its doors.

Mapletree acquires its first asset in India, Global Technology Park, a 5.3-ha IT park in Bangalore.

November

Mapletree India China Fund wins a tender to develop a mixed-use retail and office development in the Minhang district of Shanghai, China.

Mapletree commences construction of Odawara Centre 1 in Japan’s Kanagawa Prefecture under a Build-to-Suit arrangement with ITOCHU Japan.

December

The Alexandra Retail Centre (ARC), the converted retail podium of PSA Building in Singapore’s Alexandra Precinct, welcomes its first visitors.

Mapletree is ranked among the top five Consistent Performing Closed-End Private Real Estate Fund Managers by leading private equity information provider Preqin.

February

Mapletree India China Fund acquires Beijing Gateway Plaza, a premium office development in Beijing’s Chaoyang District.

March

Mapletree acquires IXINAL Monzen-Nakacho Building, its first industrial asset in Japan from ITOCHU Japan.

June

Mapletree Logistics Trust establishes its presence in Vietnam by acquiring Mapletree Logistics Centre, a single-storey multi-tenanted logistics and warehousing facility with mezzanine offices at the Vietnam Singapore Industrial Park in Binh Duong province.

July

Nanhai Business City (China) launches the first phase of Mayfair, a residential component of the integrated development, with all 270 apartment units fully sold.

August

The residential component of Future City in Xi’an comprising over 800 apartments is completed.

October

Mapletree Industrial Trust is successfully listed on the Singapore Exchange on 21 October. The IPO raises S$1.19 billion, making it Singapore’s largest REIT IPO in 2010 with an initial portfolio of 70 properties valued at S$2.1 billion.

December

Phase 1A of Mapletree Business City @ Binh Duong (Vietnam) comprising five units of ready-built industrial space, a Build-to-Suit data centre and supporting infrastructure is completed.

Alexandra Retail Centre (ARC) at PSA Building is conferred BCA’s Green Mark Gold Award.

February

Tata Communications appoints Mapletree Industrial Fund to develop Tata Communications Exchange, a new generation data centre in Singapore. The building’s sustainable features garner it the Leadership in Energy Environmental Design (LEED) Gold Award (commercial interiors) and the BCA’s Green Mark Gold Award.

Mapletree celebrates the topping-out of Mapletree Anson, a 19-storey prime office building in Singapore’s Central Business District.

April

Mapletree partners the Saigon Co.op group to develop Saigon South Place complex, its first mixed-use development in Ho Chi Minh City, Vietnam.

May

VivoCity is conferred BCA’s Universal Design (Silver) Award. The award promotes universal design that provides good accessibility and connectivity, catering to the needs of different user groups. Three other developments – Mapletree Anson, Mapletree Business City and Bank of America Merrill Lynch HarbourFront – are given Green Mark awards.

July

Mapletree Industrial Fund acquires its first asset in Japan. The Sun East Shinonome Building in Tokyo is a light industrial building located in the district of Shinonome in Koto Ward.

VivoCity receives the highest five-star award and is named Regional Winner for Best Retail Development at the 2009 CNBC Asia Pacific Property Awards. Mapletree Business City is awarded four stars in the Best Redevelopment category, while Bank of America Merrill Lynch HarbourFront receives four stars for Best Architecture Design.

August

Mapletree Industrial Fund acquires its first industrial asset in China, an industrial park located within the Shanghai Baoshan Industrial Zone.

September

Mapletree Business City, Mapletree’s flagship office and business park development in Singapore’s Alexandra Precinct, is completed.

November

Mapletree breaks ground for Phase 1 of Nanhai Business City, its first commercial mixed-use project in China under the Mapletree India China Fund. The planned 42-ha mixed-use development is located in Foshan City of Guangdong province.

December

Mapletree and ITOCHU sign an MOU to develop US$300-500 million worth of Build-to-Suit development projects for logistics tenants in Japan.

March

Mapletree begins development works for Mapletree Business City (Singapore), its flagship office and business park project in Singapore’s Alexandra Precinct.

April

Mapletree India China Fund, a total return fund to invest in and develop commercial, residential and mixed-use real estate in China and India, secures US$600 million in committed capital. Future City, an integrated mixed-use development in Xi’an, is one of its seed assets.

May

Mapletree India China Fund jointly develops Nanhai Business City with a local partner. The mixed-use development located in Nanhai District of Foshan City, Guangdong Province, is Mapletree’s first integrated project in South China.

July

Mapletree and Arcapita jointly form a private fund, Mapletree Industrial Trust, to acquire 64 properties in the first tranche of JTC’s divestment, for S$1.71 billion.

Construction commences on the Mapletree Shah Alam Logistics Park, its first logistics park development in Malaysia.

Mapletree is conferred first and runner-up status in Euromoney’s Liquid Real Estate Awards for Investment Management in Vietnam and China respectively.

August

Mapletree India China Fund’s final closing raises US$1.157 billion.

September

Mapletree India China Fund acquires Motorola Tower, a Grade-A office building in Beijing’s CBD, and renames it Mapletree Tower.

October

Mapletree announces its plan to develop Mapletree Business City @ Binh Duong, a 75-ha industrial and business park development in the new City Centre of Binh Duong Province in South Vietnam.

The 68-ha Mapletree Binh Duong Logistics Park in Vietnam is completed.

January

Mapletree Industrial Fund, a private real estate fund focused on investing in industrial assets in Asia, completes its initial closing, securing US$310 million in committed capital, with Bahrain-based Ahli United Bank’s AUB Pan Asian Industrial Fund as a cornerstone investor.

February

Mapletree acquires a 10-ha site in the Malaysia Shah Alam industrial estate to develop the Mapletree Shah Alam Logistics Park, its first logistics park in Malaysia.

July

Mapletree enters a joint venture to develop Future City, its first mixed-use project in China. The 200,000-sqm development, comprising four residential towers and a VivoCity retail mall, is located in Xi’an, the capital city of Shaanxi Province.

August

Mapletree scales up in Vietnam by announcing its plans to develop Bac Ninh Logistics Park, its third logistics park in Vietnam.

Mapletree partners a leading local port operator to develop Mapletree Tianjin Port HaiFeng Bonded Logistics Park in the Dongjiang Bonded Harbour Area in Tianjin Port – its fourth logistics development in China.

November

Mapletree partners Indonesian property group Lippo Karawaci to list and co-manage Lippo-Mapletree Indonesia Retail Trust (LMIRT), which holds a portfolio of Indonesian malls and retail spaces. Mapletree subsequently divests its interest in LMIRT in 2011.

March

Mapletree acquires its first property for Mapletree Industrial Trust – an industrial building at Changi South, Singapore.

Mapletree enters the China market by inking an agreement with Lingang International Logistics Development Co. Ltd to invest in warehousing space in Lingang Free Port, Shanghai.

July

The Beacon, Mapletree’s first residential development is launched. The 99-year leasehold project, located along Singapore’s Cantonment Road, is fully sold out within a month of its launch.

November

Mapletree celebrates the groundbreaking of Merrill Lynch HarbourFront, its premium office development in Singapore’s Harbourfront Precinct. The building is pre-leased to global investment bank Merrill Lynch and is later renamed Bank of America Merrill Lynch HarbourFront.

December

VivoCity Singapore is officially opened on 1 December. Offering a vibrant mix of retail and lifestyle concepts, the mall is one of Singapore’s most popular retail and lifestyle destinations.

St James Power Station, Singapore’s largest one-stop multi-concept entertainment hub located next to VivoCity, officially opens its doors.

April

Mapletree’s maiden private real estate fund, Real Estate Mezzanine Fund 1, is set up with a committed capital of S$90 million to invest in property-linked mortgage and mezzanine loans in Asia.

July

Mapletree lists its first real estate investment trust, Mapletree Logistics Trust, on the Singapore Exchange. The Asia-focused logistics real estate investment trust has an initial portfolio of 15 assets in Singapore valued at S$422 million.

September

Mapletree enters the Vietnam market with the development of the US$110 million Mapletree Binh Duong Logistics Park within the Vietnam Singapore Industrial Park II near Ho Chi Minh City.

November

Mapletree enters the Japan market by partnering ITOCHU in logistics and industrial real estate projects throughout Asia.

December

Mapletree and CIMB launch CIMB-Mapletree Real Estate Fund 1, securing a committed capital of RM327 million after its first closing. The private real estate fund invests directly in development and/or investment assets, real estate investment products and listed real estate securities.

January

Mapletree begins construction of VivoCity. Designed by renowned Japanese architect Toyo Ito, the 1.5 million sq ft development is envisioned to be a prime retail and lifestyle destination mall in Singapore’s HarbourFront Precinct.

May

Mapletree acquires its first logistics asset, the TIC Tech Centre in Singapore.

November

CIMB Mapletree Management Berhad, a partnership between Mapletree and CIMB, is established to develop and manage private real estate funds focused on the Malaysia market.

February

Mapletree reopens revamped World Trade Centre as HarbourFront Centre. The revamp is one of the first important steps taken by Mapletree to transform the old Maritime Square into the thriving HarbourFront Precinct in Singapore today.

December

Mapletree Investments is established to hold non-port properties transferred from PSA Corporation to Temasek Holdings.