- The Trust aims to generate stable and recurring income to deliver an attractive total return of 12% Trust IRR
- Grade A portfolio of seven office assets with high occupancy and diversified tenant base in the United Kingdom and Europe
- Possesses similar distribution principles as a Singapore-listed real estate investment trust (S-REIT)
Mapletree Europe Income Trust (MERIT) is an office-focused private fund fully invested at closing, aiming to generate stable and recurring income to deliver an attractive total return of 12% Trust IRR. The portfolio features seven high quality Grade A office assets that are strategically located in key growth cities in Manchester, Bristol, Aberdeen, Warsaw, Munich, Dublin, and Utrecht.
MERIT is fully invested with an aggregate committed capital of EUR507 million.
Mapletree Investments Pte Ltd (Mapletree) is the sponsor of MERIT and MERIT is managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree.
Fund Overview |
Fund Type |
Private Trust
|
Legal structure |
Unregistered Business Trust
|
Vintage |
2021 |
Asset Class |
Office |
Investment Universe |
Europe (Including UK)
|
Initial Term
|
5 years |
Fund Size1 (EUR mn) |
507
|
AUM1 (EUR bn)
|
1.2
|
For UK investors invited to participate in MERIT through the MERIT DSE Trust, please click here for the Key Information Document.