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Mapletree to beef up recurring income, invest in new markets

Net profit for FY16 down 3.8% at S$965.2m due to lower revaluation gains

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Published Tue, May 31, 2016 · 09:50 PM

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    Singapore

    MAPLETREE Investments, which reported a 3.8 per cent drop in net profit to S$965.2 million for the fiscal year ended March 31, 2016, is looking to further beef up its recurring income streams and invest in new markets.

    These are markets where Mapletree has entered of late outside of Asia, namely the UK, Germany, Australia and the US.

    Mapletree InvestmentsTemasek

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