About MIT
Milestones
  • Acquired 18 Tai Seng for S$268.3 million

    2019
  • Completed the asset enhancement initiative at 30A Kallang Place

    2018
  • Completed largest build-to-suit development

    2017
  • Completed Phase One of the build-to-suit project for HP Singapore

    2016
  • Completed S$108 million build-to-suit data centre for Equinix
    2015
  • Secured build-to-suit project for HP Singapore

    2014
  • Secured build-to-suit development for Equinix in FY2012/2013

    2013
  • Secured build-to-suit development for Kulicke & Soffa

    2012
  • Acquired 11 properties at S$400.3 million

    2011
  • Listed on Main Board of Singapore Exchange

    2010

January

Successfully obtained Unitholders' approval for the acquisition of 18 Tai Seng at the extraordinary general meeting

​February

Completed the acquisition of 18 Tai Seng at an agreed property value of S$268.3 million

Successfully raised gross proceeds of about S$201.0 million through a private placement to partly finance the acquisition of 18 Tai Seng

​March

Issued S$125.0 million 10-year 3.58% fixed rate notes under the S$2 billion Euro Medium Securities Programme

​April

DPU of 12.16 Singapore cents for FY18/19 was 3.5% higher than the same period last year

​July

Completed upgrading of 7 Tai Seng Drive into a data centre for Equinix Singapore

September

Awarded The Edge Billion Dollar Club 2019: Most Profitable Company (REIT Category)

Announced the joint venture with Mapletree Investments to acquire 10 powered shell data centres and co-invest in three turnkey data centres in North America

Awarded the runner-up in the Most Transparent Company Award under the REITs and Business Trusts category at SIAS Investors' Choice Awards 2019

October

Received several accolades at the 2019 All-Asia Executive Team (Developed Markets - Small and Mid Caps) by Institutional Investor

  • Most Honored Companies - Singapore (Ranked 4th
  • Best Corporate Governance - Singapore (Ranked 3rd)
  • Best IR Companies - Singapore (Ranked 3rd
  • ESG/SRI Metrics - Singapore (Ranked 3rd)
  • February

    Completed the asset enhancement initiative at 30A Kallang Place

    ​April

    DPU of 11.75 cents for FY2017/2018 was 3.2% higher than the same period last year

    Announced the acquisition and upgrading of 7 Tai Seng Drive into a Hi-Tech Building

    ​July

    Completed third build-to-suit data centre development, Mapletree Sunview 1

    ​September

    Established S$2 billion Euro Medium Term Securities Programme

    January

    Build-to-suit data centre for Equinix achieved LEED Gold

    March

    Secured a new S$60 million build-to-suit data centre development

    Issued S$100 million 7-year 3.16% fixed rate notes

    ​April 

    DPU of 11.39 cents for FY2016/2017 was 2.2% higher than the same period last year

    ​June

    Completed its largest build-to-suit development for HP Singapore at 1 and 1A Depot Close

    ​July

    Completed divestment of 65 Tech Park Crescent for S$17.688 million

    October

    Expansion of investment strategy to include real estate and real estate-related assets used primarily as data centres worldwide beyond Singapore

    ​December

    Completed US$750.0 million acquisition of 14 data centres in the United States of America (40.0% interest through the joint venture with Mapletree Investments Pte Ltd)

    March

    Issued S$60 million 10-year 3.79% Fixed Rate Notes

    April

    DPU of 11.15 cents for FY2015/2016 was 6.9% higher than the same period last year

    October

    Obtained Temporary Occupation Permit for Phase One of the build-to-suit project for HP Singapore

    January

    Obtained Temporary Occupation Permit for the build-to-suit data centre for Equinix. It was conferred the BCA-IDA Green Mark Platinum Award for New Data Centres by Building and Construction Authority and Infocomm Development Authority of Singapore.

    April

    Achieved DPU of 10.43 cents for FY2014/2015, a year-on-year increase of 5.1%

    May

    Successfully issued S$75 million 8-year 3.02% Fixed Rate Notes

    October

    Announced a new asset enhancement initiative at Kallang Basin 4 Cluster

    December 

    Build-to-suit facility for HP Singapore awarded the BCA Green Mark Platinum Award by Building and Construction Authority 

    January

    Completed the asset enhancement initiative at Toa Payoh North 1 Cluster, which was conferred the Green Mark Gold Award by the Building and Construction Authority of Singapore

    March

    Announced the proposed acquisition of a four-storey Light Industrial Building at Changi North for S$14 million

    Announced the proposed redevelopment of the Telok Blangah Cluster as a S$226 million1 build-to-suit project for HP Singapore

    April

    Achieved DPU of 9.92 cents for FY2013/2014, a year-on-year increase of 7.4%

    May

    Completed the acquisition of a four-storey Light Industrial Building at Changi North for S$14 million

    October

    Awarded the runner-up in the Singapore Corporate Governance Award under the REITs and Business Trusts category at SIAS Investors' Choice Awards 2014

    1 Includes book value of S$56 million (as at 31 March 2014) for existing Telok Blangah Cluster.

    January

    Implemented Distribution Reinvestment Plan for the 3QFY2012/2013 Distribution

    March

    Second build-to-suit project secured by MIT to develop S$108 million data centre for Equinix at one-north

    April

    DPU of 9.24 cents for FY2012/2013 registered a year-on-year increase of 9.9%

    July

    Completed the asset enhancement initiative at Woodlands Central Cluster

    October

    Obtained Temporary Occupation Permit for the build-to-suit development for Kulicke & Soffa. K&S Corporate Headquarters was conferred the Green Mark Gold Award by the Building and Construction Authority of Singapore

    January

    Embarked on two asset enhancement initiatives at Woodlands Central and Toa Payoh North 1 Clusters, adding about 220,000 square feet of space to the portfolio

    March

    Maiden issuance of S$125 million 7-year unsecured Fixed Rate Notes was well-received from a diverse base of debt investors

    April

    DPU of 8.41 cents for FY2011/2012 exceeded Forecast by 12.7%

    May

    Broke ground on S$50 million build-to-suit development for Kulicke & Soffa at Serangoon North

    September

    Successfully issued S$45 million 10-year unsecured Fixed Rate Notes

    April

    Achieved DPU of 3.45 cents for FY2010/2011, exceeding Forecast by 11.3%

    July

    Won Tranche 2 of JTC Corporation’s Second Phase Divestment Exercise Portfolio at S$400.3 million

    Successfully launched a S$176.9 million Equity Fund Raising exercise

    August

    Established a S$1 billion Multi-Currency Medium Term Note Programme

    October

    Successfully listed on the Main Board of Singapore Exchange on 21 October 2010, raising gross proceeds of S$1.188 billion

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