Mercatus Co-operative Limited is an investor, owner and manager of real estate that strives to generate sustainable, long-term returns, while supporting the social objectives of NTUC Enterprise. With more than S$10 billion of assets under management, our portfolio includes commercial assets in Singapore and Sydney, Australia. As one of the largest mall owners by floor space in Singapore, we own and manage strategically-located retail assets - AMK Hub, Jurong Point and Swing By @ Thomson Plaza, and co-own NEX. We also own strata-titled assets within retail malls and at heartland sites in various locations across Singapore, and a 30-storey Grade A office building (One Marina Boulevard) - that houses multinational corporations as well as NTUC and its social enterprises dedicated to serving the community’s needs. We are committed to growing sustainably by expanding our current portfolio of commercial real estate both locally and globally.



Portfolio Size



Net Lettable Area (sq ft)



Annual Mall Shopper Traffic








Locations of

Strata-titled Assets

Our Business Strategy

Investment Management

We create value and deliver growth by investing, developing and managing a diversified portfolio of strategically located commercial properties in Singapore and overseas, as well as identifying and investing in overseas commercial properties.

Asset & Property Management

We achieve operational excellence by undertaking asset enhancement initiatives to increase asset value, and adopting a proactive leasing and tenant management approach, so as to achieve stable returns and maximise occupancy.

Capital Management

We deliver stable and sound returns by adopting a proactive and prudent capital management framework, maintaining funding flexibility for future capital expenditures and acquisitions, and establishing a standard platform to manage capital from investors.


We conduct our business activities in a sustainable manner by adopting sustainability principles with focus on economy, social, governance and the environment.