Full occupancy for Mapletree Logistics Trust's redevelopment project in China
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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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