Mapletree Investments Reports Profit Surge, Manages Record-High Asset Valuation of $80.3 Billion
Reimagining Real Estate: Mapletree Investments' Strategic Shift
Singapore - Mapletree Investments, a subsidiary of Temasek, saw its profits soar to S$227.2 million for the year ending March 31, marking a stark contrast from the previous year's loss. This turnaround was accompanied by a record-breaking Assets Under Management (AUM) of S$80.3 billion, a 3.6% increase from the previous year[1].
The company's revenue for the period was S$2.2 billion, an expected dip due to the deconsolidation of Mapletree Logistics Trust (MLT). Excluding this impact, the group's revenue showed a 1.2% growth when compared to the previous financial year[1].
Recurring profit after tax and minority interests was recorded at S$637.4 million for the full year. The group also reported total net proceeds of S$897 million from the divestment of non-core assets, other divestments to MLT, and the syndication of Mapletree Japan Investment Country Private Trust[1].
Strategic Priorities
Mapletree Investments manages an impressive portfolio of three Singapore-listed real estate investment trusts and nine private equity real estate funds. Understanding the dynamic market landscape, the company has identified four key sectors for this financial year: logistics, student housing, offices, and data centers[2].
Group Chief Executive Officer, Mr. Hiew Yoon Khong, highlighted that these strategic priorities aim to strengthen operational performance, selectively invest in high-growth markets, and embark on more development projects to drive higher returns. These strategic moves are instrumental in fostering Mapletree's resilient performance and ensuring sustainable growth[2].
Logistics
In the logistics sector, Mapletree continued to acquire quality assets and initiate new development projects across the Asia-Pacific region. The group ventured into the UK logistics market with the acquisition of Derby DC1 and Verda Park, and bolstered its presence in Spain by acquiring a portfolio of 10 logistics assets[2].
As of March 31, 2025, Mapletree's logistics portfolio in Europe and the UK stood at S$2.2 billion[2]. The company is also actively marketing a new logistics development fund focusing on Malaysia, India, and Vietnam, where there is a significant undersupply of institutional-grade logistics products[2].
Student Housing
In the student housing segment, Mapletree made a significant move with a £1 billion (S$1.74 billion) acquisition of a portfolio of 31 UK and Germany student housing assets. This strategic move catapulted Mapletree into the fourth position among the largest student-housing owners in the UK[2].
Offices and Data Centers
Mapletree has shown a keen interest in the office and data center sectors, pouring investments into high-potential markets like India and Vietnam. In India, Mapletree acquired a land parcel in Bengaluru for a greenfield office development project. This project, called Global Business City, will house office spaces with a net lettable area of 743,224 sq m on a plot of 153,780 sq m[2].
In Vietnam, Mapletree acquired a land parcel in Hanoi to develop a 92,000 sq m, Grade-A mixed-use office project with retail amenities[2].
The data center sector also forms a crucial part of Mapletree's strategy. Mapletree Industrial Trust acquired a freehold, mixed-use facility in Japan with redevelopment potential for a data center, and its first data center development in Fanling, Hong Kong, is set to complete in the second half of the year[2].
[1] Source[2] Source[3] Source
- Mapletree Investments, in line with its strategic priorities, is planning to invest selectively in high-growth markets like India and Vietnam for both offices and data centers.
- Recognizing the undersupply of institutional-grade logistics products in Malaysia, India, and Vietnam, Mapletree Investments is actively marketing a new logistics development fund focusing on these regions.
