Mapletree Logistics Trust Acquisition of Shanghai Lingang Logistics Park

Deal value: $156,000,000

Mapletree Logistics Trust acquired a 1.1 million SF logistics park in Shanghai's Lingang district, enhancing its China portfolio with modern warehousing and distribution facilities.

The acquisition of Shanghai Lingang Logistics Park by Mapletree Logistics Trust is driven by the belief in China's rapid logistics sector growth, underpinned by rising import/export activity, e-commerce expansion, and Shanghai's emergence as a regional logistics hub. The strategic purpose is to strengthen Mapletree's China portfolio with modern, income-generating warehousing assets in a prime location, capitalizing on favorable policy incentives in the Lingang Free Port and supporting long-term regional supply chain demand.