Mapletree Pan Asia Commercial Trust
MPCMF
$0.8328
-$0.0456-5.19%
OTC PK
Corporate Info
Website
Phone Number
65 6377 6111
Address
10 Pasir Panjang Road
#13-01, Mapletree Business City
Singapore, 117438
#13-01, Mapletree Business City
Singapore, 117438
Country
Singapore
Year Founded
2005
Details
Sector
Industry
Employees
Business Decription
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 on 27 April 2011, it made its public market debut as Mapletree Commercial Trust 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, China, Japan and South Korea). Following the divestment of Mapletree Anson, 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 10.5 million square feet independently valued at S$15.7 billion.