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Mapletree bets more than £500m on UK business park

The property in Reading is the group's largest buy outside Asia; acquisition is in line with Mapletree's plan to seize new growth opportunities

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Green Park, a 79-ha freehold property now has support amenities such as conferencing facilities, convenience retailers, as well as food-and-beverage outlets housed in various amenity centres and standalone buildings.

Singapore

IN what is one of the biggest offshore property deals by a Singapore company in recent years, Mapletree Investments is paying more than £500 million (S$1 billion) for a 79-ha, freehold business park in the UK from Oxford Properties Group.

This also marks Mapletree's