REITs
Adding value to real estate
Mapletree Australia Commercial Private Trust (MASCOT)




  • The Trust aims to generate stable and recurring income to deliver an attractive total return of 12% Trust IRR
  • The Trust comprises a portfolio of 10 Grade A office assets with high occupancy and diversified tenant base in Sydney, Melbourne, Adelaide, Brisbane and Perth
  • Possesses similar distribution principles as a Singapore-listed real estate investment trust (“S-REIT”)

Mapletree Australia Commercial Private Trust (MASCOT) is a commercial-focused private fund fully invested at closing, aiming to generate stable and recurring income to deliver an attractive total return of 12% Trust IRR. The portfolio features 10 high quality Grade A office assets with high occupancy and diversified tenant base that are strategically located in key Australian gateway cities namely- Sydney, Melbourne, Adelaide, Brisbane and Perth. 

MASCOT is fully invested with an aggregate committed capital of approximately A$654 million at Closing Date. 

Mapletree is the sponsor of MASCOT with a 27%1 stake in the Trust. MASCOT is managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree. 

Fund Overview
Fund Type Private Trust
Legal structure Unregistered Business Trust
Vintage 2019
Asset Class Commercial
Investment Universe Australia
Initial Term 5 years
Fund Size (AU$ mn) 654
 AUM1 (AU$ bn) 1.4
 Mapletree Stake2  27%

 

1 Including directors and senior management’s stakes in MASCOT at Closing Date
2 As of Closing Date