Mapletree plans acquisition spree to expand Asia Pacific footprint
Singapore-based Mapletree Logistics Trust on Thursday (March 30) announced plans to acquire a few logistics properties in Japan, Australia and South Korea for a combined value of $913.6 million. The acquisition plan chimes with Mapletree's strategy to expand its footprint across the Asia Pacific markets, and ramp up its portfolio with more modern logistics assets. The Asia-focused logistics REIT is...