Mapletree celebrated the groundbreaking of Noda Logistics Centre in Chiba, Japan. This is a joint development with ITOCHU Corporation under the private real estate fund, MJLD.
Mapletree was ranked 8th in the 2014/2015 APAC Fund Manager Guide, and 5th among Asia-based fund managers by PERE Magazine.
Private real estate fund, MJOF held its final closing in January 2015 and brought total capital commitments of the fund to JPY65 billion.
Mapletree Industrial Trust obtained the Temporary Occupation Permit for its build-to-suit development for Equinix Singapore. The data centre has been awarded the prestigious BCA-IDA Green Mark (Platinum) Award for New Data Centres.
Festival Walk was named the ‘Top 10 My Favourite Mall’ and ‘Best Fashion Mall’ at the inaugural Apple Daily Mall Awards 2014.
Ahead of obtaining its occupancy certificate, Global Technology Park in Bangalore, India achieved strong pre-leasing with about half of its approximately 79,100 sqm of NLA in Phase 1 taken up by four Nasdaq-listed multinational corporations.
Private real estate fund, MJOF acquired GA Tama Building, a multi-tenanted office building with GFA of 10,398sqm, located in Greater Tokyo, Japan.
Mapletree was awarded the SG Mark Award 2015 for its Mapletree Business City II development. Awarded by Design Business Chamber Singapore, the award recognises the development's innovative and exceptional design.
Mapletree acquired its second Silicon Valley asset with the purchase of an apartment complex for US$84.0 million. The 141-unit development will cater to world-leading technology and healthcare.
Mapletree acquired its first corporate lodging/serviced apartment asset in Brisbane, Australia. Renamed Oakwood Apartments Brisbane, this is a 162-unit apartment complex with a total NLA of 6,697 sqm.
Mr Hiew Yoon Khong, Group Chief Executive Officer of Mapletree, was named “Outstanding Chief Executive Officer of the Year 2014” at the Singapore Business Awards 2015.
Mapletree Business City II was awarded the Building and Construction Authority of Singapore Universal
Design Mark Gold Award under the Non-Residential (New) category.
The first phase of Global Technology Park in India, comprising two Grade A office towers, was completed. An information
technology park in Bangalore, the two office towers are part of the 147,260 sqm of ready-built and build-to-suit space currently being developed over two phases.
Mapletree continued to actively build its presence in markets beyond Asia with the acquisition of Oakwood Raleigh at Brier
Creek, a corporate lodging property in the US.
Mapletree made its first investment in Europe with the acquisition of an office building located in London, the UK. With a GFA of 14,684 sqm, the seven-storey building is leased on a long term basis to multinational corporation Diageo as its global headquarters.
Mapletree was awarded the BCA Green Mark Champion Award for having more than 10 buildings rated Green Mark Gold and above.
Mapletree was ranked 40th in the Private Equity Real Estate Top 50 by PERE magazine. This was an improvement in ranking of four places, from 44th the year before.
VivoCity’s first AEI, which added about 15,000 sq ft of retail space, went fully operational.
Mapletree Logistics Trust acquired Dakonet Logistics Centre (renamed Mapletree Logistics Centre – Hobeob 1) in Gyeonggi province, South Korea, for KRW17.5 billion. A three-storey Grade A dry warehouse with modern specifications, it has excellent connectivity to various parts of the country.
Mapletree Greater China Commercial Trust acquired Sandhill Plaza in Shanghai, China, for RMB1,888.2 million. Comprising one 20-storey tower, seven blocks of three-storey buildings and two basement levels of car park with an overall GFA of 83,801.5 sqm, the property is located in Zhangjiang Hi-Tech Park, Pudong.
Mapletree acquired three Grade A office buildings in Sydney, Australia. Located in Macquarie Park, 118 Talavera Road is a six-storey building with three basement levels, while 22 Giffnock Avenue’s North Building has three storeys and its South Building has seven storeys with two basement levels. 1G Homebush Bay Drive is a six-storey building in Rhodes.
Japan-focused logistics development fund MJLD acquired Mapletree Ashikaga Logistics Centre 1 in Ashikaga City, Japan. Spanning a GFA of 33,984 sqm, the logistics facility is well-served by public transportation networks.
Mapletree Logistics Trust acquired Mapletree Logistics Park Bac Ninh Phase 1 in Vietnam for VND339.4 billion. Spanning approximately
54,000 sqm of GFA, it comprises three blocks of single-storey Grade A warehouses with mezzanine offices.
Mapletree signed a memorandum of cooperation with three of Singapore’s leading educational institutions, Crestar Education Group, EtonHouse International Education Group and National University of Singapore Business School. They will provide quality education facilities and resources for the international education hub component of Nanhai Business City Phase 4.
Mapletree acquired a 100-unit apartment complex in Seattle, Washington. With approximately 8,500 sqm of GFA, Oakwood Seattle South Lake Union is a 20-minute drive away from the Seattle-Tacoma International Airport.
Mapletree added Oakwood Miracle Mile to its growing portfolio of corporate lodging/serviced apartments in the US. Located in one of Los Angeles’ more densely populated areas, it offers easy access to many lifestyle amenities.
Mapletree Logistics Trust commenced the redevelopment of 76 Pioneer Road – its third redevelopment project to date. The property will be rebuilt as a five-storey ramp-up facility with modern specifications, with a 1.8 times increase in GFA to 72,000 sqm.
Mapletree Logistics Trust also made its first acquisition in Australia with the purchase of Coles Chilled Distribution Centre in Sydney. Acquired at A$253 million, the property is fully leased on a long term basis to Australian supermarket chain Coles Group Limited.
Mapletree acquired Jaya Shopping Centre, a seven-storey suburban retail mall in Selangor, Malaysia, from private fund CIMB-Mapletree Real Estate Fund 1.
Mapletree was awarded the Friend of the Arts award by the National Arts Council for its cash and in-kind contributions towards the Singapore’s arts scene.
Mapletree celebrated the grand opening of SC VivoCity, its first shopping mall in Vietnam. Located in Ho Chi Minh City, close to 90% of NLA had been taken up prior to the mall’s opening.
Mapletree acquired 53 Ord Street, a Grade A office building in West Perth, Australia. With an NLA of 6,864 sqm, the six-storey building is fully leased on a long term basis to a leading oil and gas company.
The BCA Building Energy Benchmarking Report 2015 named Mapletree Business City as one of the Top 10 Performing Office Buildings (Private), and HarbourFront Centre as one of the Top 10 Performing Buildings (Mixed Development).
Mapletree acquired a portfolio comprising three Grade A office buildings in the core UK regional cities of Manchester, Bristol and Aberdeen. The buildings are fully leased to quality tenants on a long term basis.
Mapletree Business City II’s project team garnered the Platinum award at the Building Information Modelling (BIM) Awards 2015 by BCA for implementing BIM in the project from the development’s design to construction stages.
Mapletree Industrial Trust embarked on a new AEI at its existing Kallang Basin 4 Cluster. Located at Kallang iPark, the AEI seeks to grow the trust's Hi-Tech Buildings segment further and is expected to be completed in the first quarter of 2018.
Mapletree Industrial Fund successfully divested its remaining asset. With the fund’s full realisation, Mapletree Industrial Fund achieved a 1.5 times multiple and net internal rate of return of 15.1%, attesting to the Group’s ability to deliver high returns to its investors.
Mapletree expanded its US portfolio of corporate lodging/serviced apartments with two new acquisitions in Mountain View, California, and Portland, Oregon. Located in the heart of Silicon Valley, Oakwood Mountain View is a 149-unit property spanning a GFA of 13,781 sqm while Oakwood Portland Pearl District is a 112-unit property.
Mapletree acquired 78 Waterloo Road, a Grade A office building in Macquarie Park, Sydney, Australia. Comprising an eight-storey building with two basement levels, its key tenants include major engineering and pharmaceutical companies.
Mapletree divested its 30% stake in Keppel Bay Tower to Keppel Corporation and Keppel Land as part of a share swap transaction in exchange for the latter’s 39% stake in the HarbourFront Towers.
The office cum retail property Mapletree Business City Shanghai and VivoCity Shanghai was awarded Best International Mixed-use Architecture at the International Property Awards 2015-2016.