$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$Extract from 2 June Business time. This is for the parent company. “In FY21, the group syndicated its first European office fund in March, which raised €507 million (S$813 million).

Mapletree expanded its office portfolio with acquisitions in North America, South Korea and the Netherlands for around $1.8 billion. It also made acquisitions in India, China, Japan, Australia and Hong Kong across logistics, residential and data sectors. The total investment amounted to $3.7 billion, including development.

The purchase of three warehouses in India was Mapletree's maiden entry into the country's logistics sector. The land acquired in Japan will house Kyushu's largest logistics warehouse upon its completion in 2024. The land plot in Hong Kong will be developed into the group's first data centre in the city.

As at March 31, Mapletree's total funds under management was about $26 billion, a 10.6 per cent increase on-year.

"Mapletree continues to receive strong interest from investors for our private funds which deliver good long-term investment performance. Going forward, the group will continue to assess investors' appetite and market demand and aim to launch new funds across various markets and asset classes," Mr Hiew said.”