• Corporate Profile
  • Vision & Mission
  • Trust Structure
  • The Sponsor
  • Awards & Accolades
  • Corporate Directory

Corporate Profile

Mapletree Pan Asia Commercial Trust (“MPACT”) is a real estate investment trust (“REIT”) positioned to be the proxy to key gateway markets of Asia. Listed on the Singapore Exchange Securities Limited (“SGX-ST”), it made its public market debut as Mapletree Commercial Trust on 27 April 2011 and was subsequently renamed MPACT on 3 August 2022 following the merger with Mapletree North Asia Commercial Trust.

Its principal investment objective is to invest on a long-term basis, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes, as well as real estate-related assets, in the key gateway markets of Asia (including but not limited to Singapore, Hong Kong,¹ China, Japan and South Korea).

MPACT’s portfolio comprises 17 commercial properties across five key gateway markets of Asia – four in Singapore, one in Hong Kong, two in China, nine in Japan and one in South Korea. They have a total lettable area of 10.8 million square feet valued at S$15.7 billion.²

  1. Where “Hong Kong” is mentioned, it refers to the Hong Kong Special Administrative Region.
  2. Includes MPACT’s 50% effective interest in The Pinnacle Gangnam

MPACT is one of the three REITs sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a global real estate development, investment, capital and property management company headquartered in Singapore.

MPACT is managed by MPACT Management Ltd. (“MPACTM” or the “Manager”), a wholly-owned subsidiary of MIPL. The Manager aims to provide unitholders of MPACT (“Unitholders”) with a relatively attractive rate of return on their investment through regular and steady distributions, and to achieve long-term stability in Distribution per Unit (“DPU”) and Net Asset Value (“NAV”) per Unit, while maintaining an appropriate capital structure for MPACT.

Vision

Our vision is to be a leading real estate investment trust recognised as the proxy to key gateway markets of Asia.

Mission

Our mission is to provide quality commercial spaces to businesses and organisations, while delivering value and sustainable returns to our investors. We strive to be a trusted partner to our stakeholders by setting high standards in professionalism and integrity, and acting responsibly to make a positive impact within the communities we serve.

Trust Structure

MPACT Management Ltd. is the Manager of MPACT. The Manager has general powers of management over the assets of MPACT. The Manager’s main responsibility is to manage MPACT’s assets and liabilities for the benefit of Unitholders. The Manager sets the strategic direction of MPACT and gives recommendations to the Trustee on acquisition, divestment, development and/or enhancement of the assets of MPACT in accordance with its stated investment strategy. The Manager is a wholly-owned subsidiary of the Sponsor. The Manager has a board of directors (“Board”) separate from the Sponsor.

The Property Managers comprise MPMPL, MNAPML, MMSJ and MKM, and they provide property management, lease management, project management, marketing, administration of property tax services and property accounting services for the properties in MPACT’s portfolio. MPMPL is the property manager in relation to the Singapore properties, MNAPML is the property manager in relation to the China and Hong Kong properties, MMSJ is the property manager in relation to the Japan properties, and MKM is the property manager in relation to the Korea property. MPMPL, MNAPML, MMSJ and MKM are wholly-owned subsidiaries of the Sponsor.

The below simplified diagram illustrates the relationship between MPACT, the Manager, the Property Managers, the Trustee and the Unitholders.

Awards & Accolades

      AwardOrganisation

      Corporate Directory

      Manager

      MPACT Management Ltd. Registered Office

      10 Pasir Panjang Road, #13-01
      Mapletree Business City
      Singapore 117438

      Tel:  +65 6377 6111
      Fax: +65 6274 3185
      Website: www.mapletreepact.com
      Email: mpact@mapletree.com.sg

      Trustee

      DBS Trustee Limited

      12 Marina Boulevard
      Level 44
      DBS Asia Central @ Marina Bay Financial Centre Tower 3
      Singapore 018982

      Tel: +65 6878 8888
      Fax: +65 6878 3977

      Auditor

      PricewaterhouseCoopers LLP

      7 Straits View, Marina One East Tower, Level 12, Singapore 018936

      Tel: +65 6236 3388

      Unit Registrar

      Boardroom Corporate & Advisory Services Pte. Ltd.

      1 Harbourfront Ave
#14-07 Keppel Bay Tower
Singapore 098632

      Tel: +65 6536 5355

      Fax: +65 6438 8710

      Email: srs.teamd@boardroomlimited.com