Mapletree

Corporate overview Mapletree Investments Pte Ltdis global real estate development, investment, capital and property management company committed tosustainability. Headquartered in Singapore, the group hasestab- lished atrackrecord of award-winning projects, and offers diverse realestate investment opportunities across a wide spectrum of return strategies. Since 2015, Mapletree’s footprint has expanded beyond Asia to the highly developed markets of Australia, Europe, the UK and US. The group alsohasan extensive and well-diversified range of asset classes, which are datacentre, industrial, logistics, mixed-use, office, residen- tial, retail and student accommodation, located across 13 markets These diverse income streams have enabled the group’s business to adapt to changing macroeconomic conditions. As Mapletree contin- uesits growth journey, itseeks to maintain an optimal capital struc- ture to pursue newand sustainable investment opportunities. More than 2,700 dedicated employees support Mapletree’s operations froman extensive network of offices worldwide. Infinancial year 2024/25, Mapletree remained disciplined in execut- ingits expansion plans through strategic portfolio acquisitionsin core sectors suchas logistics, student housing, office and datacentre, and increasing development activity to build for the future, Asat 31 March 2025, Mapletree’sassets under management stood at $80.3 billion, of which $$60.3 billion are held under the group's three Sin- gapore-listed real estate investment trusts (REITs) andnine private realestate funds. Strategic corporate development ‘Mapletree will continue to focus on proactive, disciplined asset and capi- talmanagementto execute the key elements of our business model well toensureacontinued stream ofincome and high profitability. We will continue to sponsor ourlisted REITs and private funds as wellas create newinvestment vehicles to cater to investors’ investment preferences andreturnstrategies. Performance verification Mapletree sets target returns for each of the strategies implemented. We havea team focused on quarterly reportingand measuring performance against forecast on an ongoingbasis. Allofour fundsare independently valued and audited externally each year.

majority-owned by Temasek, the Singapore state investment company; manages around S$5bn (€3.35bn) of assets in the UK and Europe through three of its REITs. The company has 30 employees in Europe for investment and asset management purposes. That includes teams in London and Paris, where CapitaLand manages its lodging business. It also has an office in Frankfurt – where it owns the Gallileo office skyscraper, which attracted the European Central Bank (ECB) as new anchor tenant last year. In addition it has a presence in Hamburg and a finance team in Amsterdam. S$5bn European AUM only represents about 4% of CapitaLand's S$117bn global portfolio, the vast majority (over 90%) being in Asia-Pacific. | IDEA: Living partner for senior living, PBSA, Lonevity CLI is now a listed real asset manager with a global expansion programme underpinned by "Demographics, Disruption and Digitalisation". It wants to play into demographic changes such as global ageing and mobility that yield opportunities for CLI's lodging, living and wellness businesses, as well as its REITs and core products.

Institutional investor. based in. LP type: Sovereign Wealth. Asset class focus: Hospitality, Industrial & Logistics, Residential. Sectors: hotels, logistics, residential. Active real asset investor

Singapore-based private equity real estate firm backed by Baksh Capital (Kulvinder Singh Bajaj). London strategy: acquire and transform Central London hotels plus PBSA and co-living. Purchased Victoria Garden Hotel (Paddington) in 2024 for redevelopment to 84-room four-star. Active FaaS/AMS mandate prospect as AUM scales in European hotel platform.

a Stamford-headquartered real estate private equity firm with more than $4bn in assets under management, is investing $100m to acquire and develop two purpose-built student accommodation schemes in Italy Proprium, a spin-out of Morgan Stanley Real Estate Special Situations team, has been investing in real estate operating companies since 1996 and has over $4 billion of assets under management. | IDEA: PBSA/Hospitality partner for Germany

Since 2013, ActivumSG has invested more than EUR 1bn of equity into real estate development and operating platforms, primarily in the accommodation sectors. IDEA: PBSA and residential platforms | PERE 200 2024 Rank #134 | PERE 100 2023 Rank #128 | 5yr fundraising $1,517m