• The Trust aims to generate stable and recurring income to deliver an attractive total return of 12% Trust IRR
• At inception, 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. At inception, 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.