- CEO
- Lily Ler
- Full Time Employees
- 186
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Address
- 10 Pasir Panjang Road Singapore Singapore 117438
- IPO Date
- Sep 6, 2012
- Business
- Mapletree Industrial Trust is a Singapore-based real estate investment trust (REIT) specializing in income-producing industrial properties and data centers. The trust's portfolio comprises approximately 140 properties, including high-specification industrial facilities, data centers, business parks, and general industrial buildings spread across Singapore, North America, and Japan. It is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, Mapletree Investments, which holds around a 31% stake. Founded in 2010 and headquartered in Singapore, Mapletree Industrial Trust targets industrial tenants across various sectors including IT, media, technology, and biomedical industries.
The Trust's core products and services include leasing industrial facilities such as flatted factories and hi-specification buildings; managing data center developments and operations; and offering business park spaces designed to meet diverse enterprise requirements. Its assets under management are valued at approximately S$8.5 billion, covering a net lettable area of about 23.9 million square feet. Key geographic operations extend beyond Singapore to North America and Japan, with recent strategic acquisitions expanding its footprint notably in Tokyo and Osaka for data center assets.
Recent major company developments include the acquisition of a 98.47% stake in a mixed-use facility in Tokyo for redevelopment into a data center, enhancing its presence in Japan. In 2025, Mapletree Industrial Trust divested three Singapore industrial properties to Brookfield Asset Management for S$535.3 million, representing the largest industrial transaction in Singapore for that year, aimed at portfolio optimization and debt reduction. The Trust also divested a U.S. data center asset and plans further divestments worth up to S$200 million in FY2025 to enhance portfolio balance and deliver sustainable returns. These strategic moves underscore a focus on growing high-value data centers and specialty industrial assets while optimizing existing holdings to maintain strong financial metrics and yield performance for unitholders.
Overall, Mapletree Industrial Trust operates within the industrial real estate and data center segments, serving a global tenant base with a diversified and high-quality portfolio centered in Singapore with international exposure in key developed markets. It continues to pursue asset recycling and selective acquisition strategies to enhance portfolio quality and return on investment while supporting long-term growth.