Full occupancy for Mapletree Logistics Trust's redevelopment project in China
MAPLETREE Logistics Trust has achieved full occupancy for the first phase of its redevelopment project in China. Phase one of the Mapletree Ouluo Logistics Park (MOLP) secured strong pre-commitment from both existing and new tenants, including leading third-party logistics providers, the manager of the trust said. MOLP, which is situated 10 kilometres away from Shanghai Pudong International Airport, is being developed in two phases. Phase 2 is slated for completion in March 2020. The event on Sunday was graced by Singapore's Minister for Trade and Industry, Chan Chun Sing.
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