Announced
Completed
Financials
Sources
Tags
United States
Acquisition
Private
Completed
Friendly
Majority
Cross Border
logistics assets
Private Equity
Other Specialty REITs
Single Bidder
Synopsis
Temasek-backed Mapletree Investments, a Singapore-based property developer and manager, completed the acquisition of two portfolios of logistics assets in the US for $3bn. The properties will form a seed portfolio for a potential U.S. logistics private fund. The purchases bring Mapletree’s global logistics assets under management to about $18.7bn.
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