Global private equity and venture capital news and research

Mapletree targets $1.36bn for Singapore real estate investment trust

15 Feb 2013

Asia-focused real estate investor Mapletree Investments is looking to raise around $1.36bn for its Mapletree Greater China Commercial Trust, a Singapore-listed real estate investment trust targeting income-producing real estate in the Greater China region.

The trust is managed through Mapletree’s Mapletree Greater China Commercial Trust Management and will focus on commercial real estate, including retail and office space.

The proceeds will be used to acquire Festival Walk, a retail, office and lifestyle destination located inKowloon Tong, Hong Kong; and Gateway Plaza, an office building located in the Lufthansa Area in Beijing.

Investors including Norges Bank Investment Management, Temasek, AIA Group, CBRE Group, CBG, Henderson Global Investors and Morgan Stanley have all commited to acquire units, Mapletree said.

The firm owns and manages close to S$20.5bn ($16.6bn) of office, logistics, industrial, residential and retail/lifestyle properties situated across Asia. It manages three Singapore-listed REITs and three private equity real estate funds.

Copyright © 2013 AltAssets

AltAssets Mobile App

To access the latest private equity news and stories download the new AltAssets mobile app from the

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2016