Posted on July 3, 2008 by arthurkwok
Mapletree full-year earnings dip 3%
But operating profit rises 35%; revenue jumps 69% to $365.6m
MAPLETREE Investments posted a 3 per cent dip in net earnings for the year ended March 31, 2008 to $1.04 billion because of lower net revaluation gain and higher net finance cost.
Operating profit, however, rose 35 per cent to $146.9 million on [...]
Filed under: Commercial, Industrial, International Property, Investment, Property News, Reit, Retail | Tagged: Mapletree Anson, Mapletree Business City, Mapletree Commercial Trust, MAPLETREE Investments, VivoCity | Leave a Comment »
Posted on July 3, 2008 by arthurkwok
Mapletree planning $682m fund in Vietnam
REAL estate firm Mapletree Investments is setting up a US$500 million (S$682 million) fund to invest in properties in fast-growing Vietnam, to be launched within 12 months.
The Temasek Holdings unit said it is setting up the fund to ‘harness Vietnam’s rising development cycle, and to tap into the growing [...]
Filed under: Industrial, International Property, Investment, Property News, Reit | Tagged: JTC, MAPLETREE Investments, Temasek Holdings, Vietnam fund | Leave a Comment »
Posted on July 2, 2008 by arthurkwok
Mapletree, Arcapita in real estate JV
Fund to hold $1.7b portfolio of industrial properties
MAPLETREE Investments has entered a joint venture with Arcapita Bank to form a private real estate fund called Mapletree Industrial Trust (MIT). The fund will hold the $1.71 billion portfolio of high-rise, ready-built industrial properties acquired from JTC Corporation.
Mapletree will hold a 25.1 [...]
Filed under: Industrial, Investment, Property News | Tagged: Arcapita Bank, MAPLETREE Investments | Leave a Comment »
