About MNACT
About MGCCT
Corporate Profile

Listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 7 March 2013, Mapletree North Asia Commercial Trust (“MNACT”) is the first real estate investment trust (“REIT”) that offers investors the opportunity to invest in best-in-class commercial properties situated in prime locations in China, in Hong Kong SAR1 and in Japan. MNACT is also the fourth REIT sponsored by Mapletree Investments Pte Ltd (“MIPL” or the “Sponsor”), a leading real estate development, investment, capital and property management company headquartered in Singapore. As of 31 March 2020, MNACT has a market capitalisation of approximately S$2.7 billion.

MNACT aims to invest, directly or indirectly, in a diversified portfolio of income-producing real estate in Greater China and Japan which is used primarily for commercial purposes (including real estate used predominantly for retail and/or offices), as well as real estate-related assets.

MNACT’s investment mandate includes Hong Kong SAR, Tier-1 cities (Beijing, Shanghai, Guangzhou and Shenzhen) and key Tier-2 cities in China, and Japan.

MNACT is managed by Mapletree North Asia Commercial Trust Management Ltd., a wholly-owned subsidiary of MIPL. To better align with investors' interest, MNACT is also the first Singapore-listed REIT to introduce a management fee structure that is based on distributable income and distribution per unit growth, rather than assets under management and net property income. 

 

Notes:  
 1. Hong Kong SAR refers to the Hong Kong Special Administrative Region (“SAR”).
 

 

 

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