Mapletree acquires logistics assets in the US, Europe
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Singapore
MAPLETREE Investments has acquired a 16.5 million sq ft logistics portfolio for US$1.1 billion (S$1.54 billion) from Prologis, Inc.
The assets are located in established distribution centres within major logistics markets such as Chicago, Dallas and Seattle in the US, as well as France, Germany and Poland, Mapletree said on Wednesday.
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