Singapore-based Mapletree closes new $1.4b US logistics fund

Singapore-based Mapletree closes new $1.4b US logistics fund

Located in Arlington, Texas, US, this property is a modern big-box warehouse serving as one of the main distribution facilities for a large consumer retail company. (Photo by Mapletree)

Singapore-based real estate manager Mapletree Investments has closed its third private fund of the year, Mapletree US Logistics Private Trust, at $1.4 billion in total fund equity, according to a statement on Wednesday.