Mapletree completed the acquisition of 11 warehouses ftom Blackstone fot $329m.

Mapletree, a global real estate development, investment, capital and property management company, completed the acquisition of 11 warehouses ftom Blackstone, a private equity company, fot $329m. “Logistics remains a highly attractive sector that has consistently enjoyed strong demand from occupiers as well as investors. E-commerce continues to thrive and companies are making efforts to secure and expand their supply chains,” Ralph van der Beek, Mapletree CEO of commercial and logistics for Europe.