Mapletree

We are proud to be a partner of Kent Ridge Secondary School through our Mapletree Resilience Youth Programme (MYRP) which has supported over 20 of its students to date. Established in 2016, our MYRP supports youths from less advantaged backgrounds with the potential and drive to pursue an education, through additional long-term financial support. At Mapletree, we understand the transformative power of education and look forward to nurturing this potential, cultivating an environment where financial barriers do not impede academic and personal development. #Mapletree, #MYRP #KRSS

We are pleased to bring to you the latest issue of Mapping. In this issue, gain insights into Mapletree’s achievements in our third Five-Year Plan (FYP) and the strategies for our fourth FYP. Also, learn about the growing student housing market in Europe, the United Kingdom and the United States, as well as our strategy to capitalise on the sector’s opportunities. Next, discover how our India team led lake rejuvenation efforts near Mapletree’s asset in Bengaluru, Global Technology Park. Finally, don’t miss out on the hidden culinary delights found within Mapletree Industrial Trust’s buildings, and photos of the understated facades captured by architecture photographer Darren Soh on pages 14 to 19! Read the issue here: https://lnkd.in/g3MjwewK #Mapletree #MAPPING #MapletreeIndustrialTrust #GlobalTechnologyPark #DarrenSoh

#Mapletree wishes everyone a Happy Singapore National Day! Let's stand together and continue to progress as one united people. #SingaporeNationalDay #MajulahSingapura #OnwardSingapore

#Mapletree hosted a group of 20 teachers from Singapore Teachers’ Academy for the Arts (STAR) and Academy of Singapore Teachers (AST) as part of the academy’s wellness hour initiative. 🎨 The participants took part in Mapletree’s guided Public Art Trail, where they enjoyed personal encounters with some of the sculptures and art installations at Mapletree Business City including the latest installation – Swirling Surrounds by B. Jane Cowie. Stay tuned to our page for upcoming arts programmes for the rest of the year! #Mapletree #MapletreeBusinessCity #STAR #AST #Mapletreepublicarttrail #publicarttrail #swirlingsurrounds

We have conducted our 47th run of the Mapletree Immersion Programme! In this run, we welcome colleagues from various parts of the world including India, Netherlands, Poland, the UK and the US. The programme aims to provide Mapletree’s new employees with a seamless onboarding experience. Held over three days, our new colleagues gained a better understanding about the Group, its key businesses, policies and processes through presentations, discussions, case studies, activities, videos and site visits. #Mapletree #LifeAtMapletree #EmployeeEngagement

Mapletree Community Month 2024 kicked off with a fun-filled National Day Celebration at St. Andrew’s Nursing Home (SANH) (Henderson) down the road from Mapletree Business City. Rallying around ACES Care’s mission to bring NDP celebrations to home-bound seniors, Mapletree sponsored a special lunch (with cake!) and Mapletree staff volunteers organised a fun afternoon of games and singing for the residents of SANH. Besides the usual crowd-favourite Bingo, Mapletree introduced a special NDP-themed game called “Guess the Icons of Singapore” to remind the residents of the iconic Singaporean landmarks and food. The seniors walked away with many prizes and a special goodie bag pre-packed by Mapletree’s staff volunteers earlier in July! We hope the SANH Henderson residents had a wonderful time celebrating Singapore’s 59th Birthday! Stay tuned as we share the weekly happenings of Mapletree Community Month 2024 and sign up for our upcoming activities: bit.ly/MapletreeCM2024 #Mapletree #MapletreeCommunityMonth #MapletreeBusinessCity #SANH #NDP

We are thrilled to share that #MapletreeLogisticsTrust (MLT) has just completed the rooftop solar panels installation at 4 Pandan Avenue, a modern five-storey ramp-up warehouse in the west of Singapore. This project spans approximately 13,500 square meters and is estimated to generate 2.5 gigawatt-hours (GWh) of clean energy annually, reducing the building’s brown energy consumption by 50%.   This milestone reflects MLT's steady progress in its green agenda, and is aligned with its target to achieve scope 2 neutrality by 2030.   #Mapletree #sustainability #solarpanels #ESG #realestate

Mapletree’s Group Sustainability department, based in Singapore, organised a race event at Pulau Ubin, which is one of Singapore's remaining undeveloped islands preserved from urban development. Participants competed in five games, collaborating in teams to solve clues together while maintaining a healthy level of competition. They also explored a sensory trail featuring herbs and spices while learning about local habitats. The participants left the event with a newfound appreciation for Pulau Ubin and its history, as well as deepened connections with fellow colleagues! #Mapletree #LifeAtMapletree #EmployeeEngagement

#MapletreePanAsiaCommercialTrust (MPACT) achieved year-on-year stability in gross revenue and NPI for 1Q FY24/25. This stability was driven by the robust Singapore portfolio, with its higher income successfully mitigating adverse forex impact on overseas contributions and ongoing market adjustments in Japan and China. DPU was impacted by increased finance costs in the current high interest rate environment.    MPACT maintained operational resilience, underpinned by healthy committed occupancy and positive portfolio rental reversion. The Singapore assets particularly stood out, with notable rental uplifts ranging from 2.3% at Mapletree Business City to 19.9% at VivoCity.    At #VivoCity, a major configuration of Basement 2 is ongoing in phases. The first phase will increase the number of food kiosks, while the second phase will add about 14,000 square feet of new retail area, with the entire project set to deliver approximately 10% return on investment.    The proposed divestment of non-core asset, Mapletree Anson, will further strengthen MPACT’s financial position and strategic agility while delivering DPU accretion. Post-divestment, Singapore will remain cornerstone of MPACT, comprising over 50% of the portfolio. This positions MPACT well to maintain stability through market fluctuations.  More on MPACT's results: http://bit.ly/3XJssro #Mapletree #MPACT #SREITS #RealEstateInvestmentTrust #REITs #financials #agility #resilience

#MapletreeIndustrialTrust (“MIT”) achieved a higher average Overall Portfolio occupancy rate of 91.9% and a positive weighted average rental revision rate of 9.2% for renewal leases in the Singapore Portfolio. Gross revenue and net property income for 1QFY24/25 rose by 2.7% and 1.3% year-on-year to S$175.3 million and S$132.5 million respectively. This was mainly attributed to the revenue contributions from the Osaka Data Centre acquired on 28 September 2023 and new leases and renewals across various property clusters. Distribution to Unitholders increased by 3.7% year-on-year to S$97.3 million, mainly driven by higher net property income and distribution declared by the joint venture, Mapletree Rosewood Data Centre Trust. Correspondingly, DPU was higher by 1.2% year-on-year at 3.43 cents. Read more: 1QFY24/25 Press Release: https://lnkd.in/g38NaXbA 1QFY24/25 Presentation Slides: https://lnkd.in/gm8f2swt