2
Net Lettable Area 18.6 million sq ft 2 Number of Tenants >2,200 Occupancy Rate 3 88.4% (Overall) Mapletree Industrial Trust (MIT) is a real estate investment trust listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets. MIT is managed by Mapletree Industrial Trust Management Ltd. (Manager) and sponsored by Mapletree Investments Pte Ltd (MIPL). Factsheet as at 31 March 2019 PORTFOLIO OVERVIEW 101 Properties Across 5 Property Segments 3 Asset Enhancement Initiatives (AEI) 4 Build-to-Suit (BTS) Projects 5 Acquisitions 1 Based on MIT’s book value of investment properties and investment properties under development as well as MIT’s 40% interest of the joint venture with MIPL in a portfolio of 14 data centres in the United States as at 31 Mar 2019. 2 Excludes the parking decks (150 Carnegie Way and 171 Carnegie Way) at 180 Peachtree, Atlanta. 3 For FY18/19. 4 Valuation of investment properties on 31 Mar at end of each financial year. 5 Acquired through a 40:60 joint venture with MIPL. S$4.8 billion 1 Portfolio Value Jul 2011 Acquired Flatted Factories from JTC S$400 million Jul 2013 Completed AEI at Woodlands Central S$30 million Oct 2013 Completed BTS project for Kulicke & Soffa S$50 million Jan 2014 Completed AEI at Toa Payoh North 1 S$40 million May 2014 Acquired Light Industrial Building at Changi North S$14 million Jan 2015 Completed BTS data centre for Equinix S$108 million Jun 2017 Completed BTS project for HP S$226 million Dec 2017 Acquired 14 data centres in United States 5 US$750 million Feb 2018 Completed the AEI at 30A Kallang Place S$77 million Jun 2018 Acquired 7 Tai Seng Drive for upgrading to a data centre for Equinix S$95 million Jul 2018 Completed BTS data centre at Sunview Dr S$76 million Feb 2019 Acquired 18 Tai Seng S$268.3 million FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 FY17/18 S$2.70 billion FY18/19 S$2.88 billion S$3.17 billion S$3.42 billion S$3.56 billion S$3.75 billion S$4.32 billion Hi-Tech Buildings 43.3% 8.4% 9.1% Flatted Factories 33.1% Business Park Buildings 12.2% Stack-up/Ramp-up Buildings 9.9% Light Industrial Buildings 1.5% Data Centres (SG) Data Centres (US) S$4.77 billion 1 S$2.20 billion 4 Hi-Tech Buildings US Data Centres Flatted Factories Business Park Buildings Stack-up/Ramp- up Buildings Light Industrial Buildings

Mapletree Factsheet March - REITAS€¦ · Equinix S$95 million Jul 2018 Completed BTS data at centre Dr Sunview S$76 million Feb 2019 Acquired 18 Tai Seng S$268.3 million FY10/11

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Page 1: Mapletree Factsheet March - REITAS€¦ · Equinix S$95 million Jul 2018 Completed BTS data at centre Dr Sunview S$76 million Feb 2019 Acquired 18 Tai Seng S$268.3 million FY10/11

Net Lettable Area 18.6 million sq ft2

Number of Tenants >2,200

Occupancy Rate3 88.4% (Overall)

Mapletree Industrial Trust (MIT) is a real estate investment trust listed on the Main Board of SingaporeExchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing realestate used primarily for industrial purposes in Singapore and income-producing real estate used primarilyas data centres worldwide beyond Singapore, as well as real estate-related assets.

MIT is managed by Mapletree Industrial Trust Management Ltd. (Manager) and sponsored by MapletreeInvestments Pte Ltd (MIPL).

Factsheet as at 31 March 2019PORTFOLIO OVERVIEW

Hi-Tech Buildings US Data Centres Flatted Factories Business Park

BuildingsStack-up/Ramp-

up BuildingsLight Industrial

Buildings

101 Properties Across 5 Property Segments

3 Asset Enhancement Initiatives (AEI)4 Build-to-Suit (BTS) Projects5 Acquisitions

1 Based on MIT’s book value of investment properties and investment properties under development as well as MIT’s 40% interest of the joint venture with MIPL in aportfolio of 14 data centres in the United States as at 31 Mar 2019.

2 Excludes the parking decks (150 Carnegie Way and 171 Carnegie Way) at 180 Peachtree, Atlanta.3 For FY18/19.4 Valuation of investment properties on 31 Mar at end of each financial year.5 Acquired through a 40:60 joint venture with MIPL.

S$4.8 billion1

Portfolio Value

Jul 2011Acquired Flatted

Factories from JTC

S$400 million

Jul 2013Completed

AEI at Woodlands

CentralS$30 million

Oct 2013Completed

BTS project for Kulicke &

SoffaS$50 million

Jan 2014Completed AEI at Toa

Payoh North 1S$40 million

May 2014Acquired Light

Industrial Building at

Changi NorthS$14 million

Jan 2015Completed BTS data centre for Equinix

S$108 million

Jun 2017Completed

BTS project for HP

S$226 million

Dec 2017Acquired 14 data

centres in United States5

US$750 million

Feb 2018Completed the AEI at

30A Kallang Place

S$77 million

Jun 2018Acquired

7 Tai Seng Drive for upgrading to a data centre for

EquinixS$95 million

Jul 2018Completed BTS data centre at

Sunview DrS$76 million

Feb 2019Acquired

18 Tai SengS$268.3 million

FY10/11

FY11/12FY12/13

FY13/14FY14/15

FY15/16FY16/17

FY17/18

S$2.70 billion

FY18/19

S$2.88 billion

S$3.17 billion

S$3.42 billion

S$3.56 billion

S$3.75 billion

S$4.32 billion

Hi-Tech Buildings

43.3%

8.4%

9.1%

Flatted Factories

33.1%

Business Park Buildings

12.2%

Stack-up/Ramp-up Buildings

9.9%

Light Industrial Buildings

1.5%

Data Centres (SG)

Data Centres (US)

S$4.77billion1

S$2.20billion4

Net Lettable Area 18.6 million sq ft2

Number of Tenants >2,200

Occupancy Rate3 88.4% (Overall)

Mapletree Industrial Trust (MIT) is a real estate investment trust listed on the Main Board of SingaporeExchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing realestate used primarily for industrial purposes in Singapore and income-producing real estate used primarilyas data centres worldwide beyond Singapore, as well as real estate-related assets.

MIT is managed by Mapletree Industrial Trust Management Ltd. (Manager) and sponsored by MapletreeInvestments Pte Ltd (MIPL).

Factsheet as at 31 March 2019PORTFOLIO OVERVIEW

Hi-Tech Buildings US Data Centres Flatted Factories Business Park

BuildingsStack-up/Ramp-

up BuildingsLight Industrial

Buildings

101 Properties Across 5 Property Segments

3 Asset Enhancement Initiatives (AEI)4 Build-to-Suit (BTS) Projects5 Acquisitions

1 Based on MIT’s book value of investment properties and investment properties under development as well as MIT’s 40% interest of the joint venture with MIPL in aportfolio of 14 data centres in the United States as at 31 Mar 2019.

2 Excludes the parking decks (150 Carnegie Way and 171 Carnegie Way) at 180 Peachtree, Atlanta.3 For FY18/19.4 Valuation of investment properties on 31 Mar at end of each financial year.5 Acquired through a 40:60 joint venture with MIPL.

S$4.8 billion1

Portfolio Value

Jul 2011Acquired Flatted

Factories from JTC

S$400 million

Jul 2013Completed

AEI at Woodlands

CentralS$30 million

Oct 2013Completed

BTS project for Kulicke &

SoffaS$50 million

Jan 2014Completed AEI at Toa

Payoh North 1S$40 million

May 2014Acquired Light

Industrial Building at

Changi NorthS$14 million

Jan 2015Completed BTS data centre for Equinix

S$108 million

Jun 2017Completed

BTS project for HP

S$226 million

Dec 2017Acquired 14 data

centres in United States5

US$750 million

Feb 2018Completed the AEI at

30A Kallang Place

S$77 million

Jun 2018Acquired

7 Tai Seng Drive for upgrading to a data centre for

EquinixS$95 million

Jul 2018Completed BTS data centre at

Sunview DrS$76 million

Feb 2019Acquired

18 Tai SengS$268.3 million

FY10/11

FY11/12FY12/13

FY13/14FY14/15

FY15/16FY16/17

FY17/18

S$2.70 billion

FY18/19

S$2.88 billion

S$3.17 billion

S$3.42 billion

S$3.56 billion

S$3.75 billion

S$4.32 billion

Hi-Tech Buildings

43.3%

8.4%

9.1%

Flatted Factories

33.1%

Business Park Buildings

12.2%

Stack-up/Ramp-up Buildings

9.9%

Light Industrial Buildings

1.5%

Data Centres (SG)

Data Centres (US)

S$4.77billion1

S$2.20billion4

NetLettableArea18.6 million sqft2

Number of Tenants>2,200

Occupancy Rate388.4% (Overall)

MapletreeIndustrialTrust(MIT)isarealestateinvestmenttrustlistedontheMainBoardofSingaporeExchange.Itsprincipalinvestmentstrategyistoinvestinadiversifiedportfolioofincome-producingrealestateusedprimarilyforindustrialpurposesinSingaporeandincome-producingrealestateusedprimarilyasdatacentresworldwidebeyondSingapore,aswellasrealestate-relatedassets.

MITismanagedbyMapletreeIndustrialTrustManagementLtd.(Manager)andsponsoredbyMapletreeInvestmentsPteLtd(MIPL).

Factsheet as at 31 March 2019PORTFOLIO OVERVIEW

Hi-Tech BuildingsUS Data CentresFlatted FactoriesBusiness Park

BuildingsStack-up/Ramp-

up BuildingsLight Industrial

Buildings

101 Properties Across5Property Segments

3Asset Enhancement Initiatives (AEI)4Build-to-Suit (BTS) Projects5Acquisitions

1BasedonMIT’sbookvalueofinvestmentpropertiesandinvestmentpropertiesunderdevelopmentaswellasMIT’s40%interestofthejointventurewithMIPLinaportfolioof14datacentresintheUnitedStatesasat31Mar2019.

2Excludestheparkingdecks(150CarnegieWayand171CarnegieWay)at180Peachtree,Atlanta.3ForFY18/19.4Valuation of investment properties on 31 Mar at end of each financial year.5 Acquired through a 40:60 joint venture with MIPL.

S$4.8 billion1

Portfolio Value

Jul 2011Acquired

Flatted Factories from JTC

S$400 million

Jul 2013Completed

AEI at Woodlands

CentralS$30 million

Oct 2013Completed

BTS project for Kulicke&

SoffaS$50 million

Jan 2014Completed AEI at Toa

PayohNorth 1S$40 million

May 2014Acquired Light

Industrial Building at

Changi NorthS$14 million

Jan 2015Completed

BTS data centrefor

EquinixS$108 million

Jun 2017Completed

BTS project for HP

S$226 million

Dec 2017Acquired

14 data centresin

United States5

US$750 million

Feb 2018Completed the AEI at 30A Kallang

PlaceS$77 million

Jun 2018Acquired

7 Tai Seng Drive for upgrading to a data centrefor

EquinixS$95 million

Jul 2018Completed

BTS data centreat

SunviewDrS$76 million

Feb 2019Acquired

18 Tai SengS$268.3

million

FY10/11

FY11/12FY12/13

FY13/14FY14/15

FY15/16FY16/17

FY17/18

S$2.70 billion

FY18/19

S$2.88 billion

S$3.17 billion

S$3.42 billion

S$3.56 billion

S$3.75 billion

S$4.32 billion

Hi-Tech Buildings

43.3%

8.4%

9.1%

Flatted Factories

33.1%

Business Park Buildings

12.2%

Stack-up/Ramp-up Buildings

9.9%

Light Industrial Buildings

1.5%

Data Centres(SG)

Data Centres(US)

S$4.77billion1

S$2.20billion4

NetLettableArea18.6 million sqft2

Number of Tenants>2,200

Occupancy Rate388.4% (Overall)

MapletreeIndustrialTrust(MIT)isarealestateinvestmenttrustlistedontheMainBoardofSingaporeExchange.Itsprincipalinvestmentstrategyistoinvestinadiversifiedportfolioofincome-producingrealestateusedprimarilyforindustrialpurposesinSingaporeandincome-producingrealestateusedprimarilyasdatacentresworldwidebeyondSingapore,aswellasrealestate-relatedassets.

MITismanagedbyMapletreeIndustrialTrustManagementLtd.(Manager)andsponsoredbyMapletreeInvestmentsPteLtd(MIPL).

Factsheet as at 31 March 2019PORTFOLIO OVERVIEW

Hi-Tech BuildingsUS Data CentresFlatted FactoriesBusiness Park

BuildingsStack-up/Ramp-

up BuildingsLight Industrial

Buildings

101 Properties Across5Property Segments

3Asset Enhancement Initiatives (AEI)4Build-to-Suit (BTS) Projects5Acquisitions

1BasedonMIT’sbookvalueofinvestmentpropertiesandinvestmentpropertiesunderdevelopmentaswellasMIT’s40%interestofthejointventurewithMIPLinaportfolioof14datacentresintheUnitedStatesasat31Mar2019.

2Excludestheparkingdecks(150CarnegieWayand171CarnegieWay)at180Peachtree,Atlanta.3ForFY18/19.4Valuation of investment properties on 31 Mar at end of each financial year.5 Acquired through a 40:60 joint venture with MIPL.

S$4.8 billion1

Portfolio Value

Jul 2011Acquired

Flatted Factories from JTC

S$400 million

Jul 2013Completed

AEI at Woodlands

CentralS$30 million

Oct 2013Completed

BTS project for Kulicke&

SoffaS$50 million

Jan 2014Completed AEI at Toa

PayohNorth 1S$40 million

May 2014Acquired Light

Industrial Building at

Changi NorthS$14 million

Jan 2015Completed

BTS data centrefor

EquinixS$108 million

Jun 2017Completed

BTS project for HP

S$226 million

Dec 2017Acquired

14 data centresin

United States5

US$750 million

Feb 2018Completed the AEI at 30A Kallang

PlaceS$77 million

Jun 2018Acquired

7 Tai Seng Drive for upgrading to a data centrefor

EquinixS$95 million

Jul 2018Completed

BTS data centreat

SunviewDrS$76 million

Feb 2019Acquired

18 Tai SengS$268.3

million

FY10/11

FY11/12FY12/13

FY13/14FY14/15

FY15/16FY16/17

FY17/18

S$2.70 billion

FY18/19

S$2.88 billion

S$3.17 billion

S$3.42 billion

S$3.56 billion

S$3.75 billion

S$4.32 billion

Hi-Tech Buildings

43.3%

8.4%

9.1%

Flatted Factories

33.1%

Business Park Buildings

12.2%

Stack-up/Ramp-up Buildings

9.9%

Light Industrial Buildings

1.5%

Data Centres(SG)

Data Centres(US)

S$4.77billion1

S$2.20billion4

Page 2: Mapletree Factsheet March - REITAS€¦ · Equinix S$95 million Jul 2018 Completed BTS data at centre Dr Sunview S$76 million Feb 2019 Acquired 18 Tai Seng S$268.3 million FY10/11

NetLettableArea18.6 million sqft2

Number of Tenants>2,200

Occupancy Rate388.4% (Overall)

MapletreeIndustrialTrust(MIT)isarealestateinvestmenttrustlistedontheMainBoardofSingaporeExchange.Itsprincipalinvestmentstrategyistoinvestinadiversifiedportfolioofincome-producingrealestateusedprimarilyforindustrialpurposesinSingaporeandincome-producingrealestateusedprimarilyasdatacentresworldwidebeyondSingapore,aswellasrealestate-relatedassets.

MITismanagedbyMapletreeIndustrialTrustManagementLtd.(Manager)andsponsoredbyMapletreeInvestmentsPteLtd(MIPL).

Factsheet as at 31 March 2019PORTFOLIO OVERVIEW

Hi-Tech BuildingsUS Data CentresFlatted FactoriesBusiness Park

BuildingsStack-up/Ramp-

up BuildingsLight Industrial

Buildings

101 Properties Across5Property Segments

3Asset Enhancement Initiatives (AEI)4Build-to-Suit (BTS) Projects5Acquisitions

1BasedonMIT’sbookvalueofinvestmentpropertiesandinvestmentpropertiesunderdevelopmentaswellasMIT’s40%interestofthejointventurewithMIPLinaportfolioof14datacentresintheUnitedStatesasat31Mar2019.

2Excludestheparkingdecks(150CarnegieWayand171CarnegieWay)at180Peachtree,Atlanta.3ForFY18/19.4Valuation of investment properties on 31 Mar at end of each financial year.5 Acquired through a 40:60 joint venture with MIPL.

S$4.8 billion1

Portfolio Value

Jul 2011Acquired

Flatted Factories from JTC

S$400 million

Jul 2013Completed

AEI at Woodlands

CentralS$30 million

Oct 2013Completed

BTS project for Kulicke&

SoffaS$50 million

Jan 2014Completed AEI at Toa

PayohNorth 1S$40 million

May 2014Acquired Light

Industrial Building at

Changi NorthS$14 million

Jan 2015Completed

BTS data centrefor

EquinixS$108 million

Jun 2017Completed

BTS project for HP

S$226 million

Dec 2017Acquired

14 data centresin

United States5

US$750 million

Feb 2018Completed the AEI at 30A Kallang

PlaceS$77 million

Jun 2018Acquired

7 Tai Seng Drive for upgrading to a data centrefor

EquinixS$95 million

Jul 2018Completed

BTS data centreat

SunviewDrS$76 million

Feb 2019Acquired

18 Tai SengS$268.3

million

FY10/11

FY11/12FY12/13

FY13/14FY14/15

FY15/16FY16/17

FY17/18

S$2.70 billion

FY18/19

S$2.88 billion

S$3.17 billion

S$3.42 billion

S$3.56 billion

S$3.75 billion

S$4.32 billion

Hi-Tech Buildings

43.3%

8.4%

9.1%

Flatted Factories

33.1%

Business Park Buildings

12.2%

Stack-up/Ramp-up Buildings

9.9%

Light Industrial Buildings

1.5%

Data Centres(SG)

Data Centres(US)

S$4.77billion1

S$2.20billion4

0

5

10

15

20

25

30

35

40

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2010 2011 2012 2013 2014 2015 2016 2017 2018

Unit Price (S$) Volume (Million Units)

Volume Unit Price

22.328.3 29.0 31.6

35.2 35.8 36.9 37.5 37.7 38.9 40.2 41.1 42.2 42.6 42.8 45.4 46.0 46.7 48.2 48.9 50.3 50.4 51.5 50.6 51.1 51.8 52.9 54.0 53.5 55.5 56.9 56.7 58.3 59.9

1.52

1.93 1.98 2.05 2.16 2.22 2.26 2.29 2.32 2.37 2.43 2.47 2.51 2.51 2.51 2.60 2.67 2.65 2.73 2.79 2.82 2.81 2.85 2.83 2.83 2.88 2.92 3.00 2.88 2.95 3.00 3.01 3.07 3.08

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

0102030405060708090

3Q⁶ 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 FY17/18 FY18/19

DPU (Cents)

Distributable Income (S$ Million)

Distributable Income (S$ million) DPU (cents)

SUSTAINABLE AND GROWING RETURNS

As at 31 Mar 2019

INVESTMENT MERITS

Strategically located properties in Singapore and United States

Presence in the fast-growing global data centre sector

Large and diversified tenant base

Experienced Manager and strong Sponsor with proven track record

SECURE investments to deliver growth

and diversification

IMPROVE competitiveness

of properties

OPTIMISE capital structure to provide financial flexibility

RETURN ON INVESTMENT

UNIT PERFORMANCE9

Total Return 9.4% 220.3%Capital Appreciation 3.4% 125.8%Distribution Yield 6.0% 94.5%

From 1 Apr 2018 to 31 Mar 20197 Since Listing on 21 Oct 2010 to 31 Mar 20198

6 MIT was listed on 21 Oct 2010.

9 Excludes the first five days of trading to remove initial public offering effect.

7 Based on the latest closing unit price of S$2.100 as at 31 Mar 2019.8 Based on the issue price of S$0.930.

TickersBloomberg: MINT SP Reuters: MAPI.SI SGX: ME8U

MarketCapitalisation S$4.24 billion

52-weekRange

S$1.840 – S$2.110(1 Apr 2018 to 31 Mar 2019)

Average Daily Volume

3.34 million units (1 Apr 2018 to 31 Mar 2019)

Email: [email protected] Website: www.mapletreeindustrialtrust.com

Strong balance sheet with a well-diversified debt maturity profile

Volume Unit Price

0

5

10

15

20

25

30

35

40

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2010 2011 2012 2013 2014 2015 2016 2017 2018

Unit Price (S$) Volume (Million Units)

Volume Unit Price

22.328.3 29.0 31.6

35.2 35.8 36.9 37.5 37.7 38.9 40.2 41.1 42.2 42.6 42.8 45.4 46.0 46.7 48.2 48.9 50.3 50.4 51.5 50.6 51.1 51.8 52.9 54.0 53.5 55.5 56.9 56.7 58.3 59.9

1.52

1.93 1.98 2.05 2.16 2.22 2.26 2.29 2.32 2.37 2.43 2.47 2.51 2.51 2.51 2.60 2.67 2.65 2.73 2.79 2.82 2.81 2.85 2.83 2.83 2.88 2.92 3.00 2.88 2.95 3.00 3.01 3.07 3.08

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

0102030405060708090

3Q⁶ 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 FY17/18 FY18/19

DPU (Cents)

Distributable Income (S$ Million)

Distributable Income (S$ million) DPU (cents)

SUSTAINABLE AND GROWING RETURNS

As at 31 Mar 2019

INVESTMENT MERITS

Strategically located properties in Singapore and United States

Presence in the fast-growing global data centre sector

Large and diversified tenant base

Experienced Manager and strong Sponsor with proven track record

SECURE investments to deliver growth

and diversification

IMPROVE competitiveness

of properties

OPTIMISE capital structure to provide financial flexibility

RETURN ON INVESTMENT

UNIT PERFORMANCE9

Total Return 9.4% 220.3%Capital Appreciation 3.4% 125.8%Distribution Yield 6.0% 94.5%

From 1 Apr 2018 to 31 Mar 20197 Since Listing on 21 Oct 2010 to 31 Mar 20198

6 MIT was listed on 21 Oct 2010.

9 Excludes the first five days of trading to remove initial public offering effect.

7 Based on the latest closing unit price of S$2.100 as at 31 Mar 2019.8 Based on the issue price of S$0.930.

TickersBloomberg: MINT SP Reuters: MAPI.SI SGX: ME8U

MarketCapitalisation S$4.24 billion

52-weekRange

S$1.840 – S$2.110(1 Apr 2018 to 31 Mar 2019)

Average Daily Volume

3.34 million units (1 Apr 2018 to 31 Mar 2019)

Email: [email protected] Website: www.mapletreeindustrialtrust.com

Strong balance sheet with a well-diversified debt maturity profile

0

5

10

15

20

25

30

35

40

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2010 2011 2012 2013 2014 2015 2016 2017 2018

Unit Price (S$) Volume (Million Units)

Volume Unit Price

22.328.3 29.0 31.6

35.2 35.8 36.9 37.5 37.7 38.9 40.2 41.1 42.2 42.6 42.8 45.4 46.0 46.7 48.2 48.9 50.3 50.4 51.5 50.6 51.1 51.8 52.9 54.0 53.5 55.5 56.9 56.7 58.3 59.9

1.52

1.93 1.98 2.05 2.16 2.22 2.26 2.29 2.32 2.37 2.43 2.47 2.51 2.51 2.51 2.60 2.67 2.65 2.73 2.79 2.82 2.81 2.85 2.83 2.83 2.88 2.92 3.00 2.88 2.95 3.00 3.01 3.07 3.08

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

0102030405060708090

3Q⁶ 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 FY17/18 FY18/19

DPU (Cents)

Distributable Income (S$ Million)

Distributable Income (S$ million) DPU (cents)

SUSTAINABLE AND GROWING RETURNS

As at 31 Mar 2019

INVESTMENT MERITS

Strategically located properties in Singapore and United States

Presence in the fast-growing global data centre sector

Large and diversified tenant base

Experienced Manager and strong Sponsor with proven track record

SECURE investments to deliver growth

and diversification

IMPROVE competitiveness

of properties

OPTIMISE capital structure to provide financial flexibility

RETURN ON INVESTMENT

UNIT PERFORMANCE9

Total Return 9.4% 220.3%Capital Appreciation 3.4% 125.8%Distribution Yield 6.0% 94.5%

From 1 Apr 2018 to 31 Mar 20197 Since Listing on 21 Oct 2010 to 31 Mar 20198

6 MIT was listed on 21 Oct 2010.

9 Excludes the first five days of trading to remove initial public offering effect.

7 Based on the latest closing unit price of S$2.100 as at 31 Mar 2019.8 Based on the issue price of S$0.930.

TickersBloomberg: MINT SP Reuters: MAPI.SI SGX: ME8U

MarketCapitalisation S$4.24 billion

52-weekRange

S$1.840 – S$2.110(1 Apr 2018 to 31 Mar 2019)

Average Daily Volume

3.34 million units (1 Apr 2018 to 31 Mar 2019)

Email: [email protected] Website: www.mapletreeindustrialtrust.com

Strong balance sheet with a well-diversified debt maturity profile

(S$ Million) (Cents)