CORPORATE OVERVIEW

Mapletree Investments Mapletree has been investing actively billion, or about 67.7% of the Group’s Pte Ltd (Mapletree) is in income-yielding assets globally. AUM are held under four - From incorporating our key strengths listed real estate investment trusts a leading real estate as a developer, investor, capital and (REITs) and six private equity real development, investment, property manager, we have been estate funds. Mapletree strives capital and property growing our portfolio of income- to maintain an optimal capital management company producing assets globally. In line with structure that provides financial Mapletree’s strategy to grow new flexibility to pursue new investment headquartered in income streams beyond Asia and opportunities. Singapore. We invest diversify its business, we ventured in real estate sectors into the developed, transparent and Mapletree’s properties span across 12 highly liquid markets of , markets, namely Singapore, Australia, globally in geographical Europe, the (UK) and , Europe, SAR, , markets with good the United States (US). , , , the UK, growth potential, to the US and . Mapletree owns provide consistent and During FY18/19, the Group continued and manages a diversified portfolio to broaden its presence by successfully of office, mixed-use, retail, logistics, high returns to our making acquisitions of office, student industrial, residential and lodging investors. accommodation and logistics assets in assets. Australia, China, Europe, India, Japan, the UK and the US. To support its global operations including Oakwood, Mapletree As at 31 March 2019, the Group has more than 3,400 employees had S$55.7 billion of assets under operating from our extensive management (AUM). Over S$37.7 network of offices.

AUM by Geography1

CHINA AND INDIA S$6,661.9m

EUROPE S$4,836.1m NORTH ASIA NORTH AMERICA S$4,229.5m S$9,750.2m HONG KONG SAR S$9,124.8m SOUTH EAST ASIA S$2,180.7m SINGAPORE S$17,403.2m

AUSTRALIA S$1,538.2m

6 MAPLETREE INVESTMENTS PTE LTD ANNUAL REPORT 2018/2019 OUR BUSINESS SEGMENTS

Singapore Investments Logistics Development China and India Developer/investor/manager of Developer/investor/manager of Developer/investor/manager of primarily commercial properties (and logistics properties in China, Malaysia properties in China and India select industrial and business park and Vietnam Capital Management Platform properties in Singapore) Private real estate funds: • Mapletree India China Fund • Mapletree China Opportunity Fund II

South East Asia Australia-New Zealand, North Asia Europe and USA Developer/investor/manager of and Oakwood Developer/investor/manager of properties (excluding Singapore) Developer/investor/manager of properties in Canada, Europe, the UK properties in Australia, Hong Kong SAR, and the US Capital Management Platform Japan and Oakwood Private real estate fund: Capital Management Platform • CIMB-Mapletree Real Estate Fund 1 Capital Management Platform Private real estate funds: Private real estate funds: • Mapletree Global Student • MJLD Accommodation Private Trust (MGSA) • MJOF2 • Mapletree US & EU Logistics Private Trust (MUSEL) Singapore-Listed REITs

Mapletree Logistics Trust Mapletree Industrial Trust Mapletree Commercial Trust Manager of logistics properties Manager of industrial properties and Manager of office, business park and in Singapore, Australia, China, data centres in Singapore and the US retail properties in Singapore Hong Kong SAR, Japan, Malaysia, South Korea and Vietnam

1 Geography covers regions in accordance with Mapletree’s business segments and REITs. 2 This Japan-focused private fund was fully realised in March 2019. 3 Formerly known as Mapletree Greater China Commercial Trust (MGCCT). Please refer to MNACT’s SGX-ST Announcement dated 25 May 2018 titled “Change of Name of Mapletree North Asia Commercial Trust3 Mapletree Greater China Commercial Trust and the Manager”. Manager of commercial properties in China, Hong Kong SAR and Japan CORPORATE OVERVIEW 7