- CEO
- Hwee Li Lim
- Full Time Employees
- 429
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 10 Pasir Panjang Road Singapore Singapore 117438
- IPO Date
- Jul 26, 2019
- Business
- Mapletree Pan Asia Commercial Trust (MPACT), listed on the Singapore Exchange under ticker N2IU (OTC: MPCMF), is a real estate investment trust that invests on a long-term basis in a diversified portfolio of income-producing commercial properties used primarily for office and retail purposes, as well as real estate-related assets, across key gateway markets in Asia including Singapore, Hong Kong, China, Japan and South Korea; its core assets encompass 15 premium-grade properties with a total lettable area of 10.4 million square feet and a valuation of S$15.9 billion, comprising four properties in Singapore such as VivoCity retail mall and Mapletree Business City business park, one in Hong Kong including Festival Walk mall, two in China, seven in Japan featuring office buildings like those in Makuhari, and one in South Korea with a 50% effective interest in The Pinnacle Gangnam mixed-use development. Headquartered in Singapore and founded in 2011 as Mapletree Commercial Trust, MPACT targets institutional tenants and businesses seeking quality commercial spaces in high-demand urban locations, delivering stable rental income and capital appreciation through active asset management by its sponsor Mapletree Investments Pte Ltd and property managers across regions. Recent developments include a July 2025 announcement to divest two office buildings in Japan to optimize the portfolio and strengthen its balance sheet, portfolio valuation growth of 1.4% year-on-year to S$16 billion as of FY2024/25 driven by Singapore asset revaluations offsetting overseas declines, and the issuance of 3.68 million new units in August 2025 to the manager for management fees, alongside ongoing strategic enhancements such as VivoCity asset enhancement initiatives and positive distribution per unit growth to S$0.0201 in Q2 FY2025.