Singapore's Mapletree acquires US logistics assets for $3b

Singapore's Mapletree acquires US logistics assets for $3b

A Mapletree warehouse located close to the port of Savannah, the fourth largest seaport in the US. (Photo courtesy of Mapletree Investments)

Mapletree Investments, a Singapore-based real estate manager, has acquired two portfolios of logistics assets in the US for about $3 billion, according to a statement.