Mapletree Commercial Trust Management Ltd. is the manager of MCT (the “Manager”). The Manager has general powers of management over the assets of MCT. The Manager’s main responsibility is to manage MCT’s assets and liabilities for the benefit of Unitholders. The Manager will set the strategic direction of MCT and give recommendations to the Trustee on the acquisition, divestment, development and/or enhancement of the assets of MCT in accordance with its stated investment strategy. The Manager is a wholly-owned subsidiary of the Sponsor.
Mapletree Commercial Property Management Pte. Ltd. is the property manager of MCT (the “Property Manager”). The Property Manager is responsible for providing property management, lease management, project management, marketing and administration of property tax services for the properties in MCT’s portfolio. The Property Manager is a wholly-owned subsidiary of the Sponsor.
The following diagram illustrates the relationship between MCT, the Manager, the Property Manager, the Trustee and the Unitholders.