Mapletree Delivered Growth & Value to its REIT Unitholders
Mapletree Investments was established in December 2000 to hold non-port properties transferred from PSA Corporation to Temasek Holdings. Between 2005 and 2013, Mapletree Logistics Trust (“MLT”), Mapletree Industrial Trust (“MIT”), Mapletree Commercial Trust (“MCT”) and Mapletree Greater China Commercial Trust (“MGCCT”) listed on SGX. Combined market cap of these REITs grew 2.6x to present. The four Mapletree REITS have averaged 14.5% distribution-inclusive returns from IPO date to present & currently maintain an average 6.0% distribution yield. MIT has been the strongest performer of the four REITs, with 18.2% average annualised total returns.