Singapore logistics REIT Mapletree plans to expand APAC footprint via acquisitions

Singapore logistics REIT Mapletree plans to expand APAC footprint via acquisitions

A Mapletree warehouse located close to the port of Savannah, the fourth largest seaport in the US. (Photo courtesy of Mapletree Investments)

Singapore-based Mapletree Logistics Trust on Thursday announced plans to acquire a few logistics properties in Japan, Australia and South Korea for a combined value of S$913.6 million ($686.97 million).

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