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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
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)