Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)Mapletree Logistics Trust asset in Japan. (Mapletree Logistics Trust)

Mapletree Logistics Trust (MLT) has come forward to explain why it is throttling up its investments in China despite Beijing’s ongoing crackdown on private enterprises.

The REIT announced in November 2021 that it is acquiring 13 assets in China and three properties in Vietnam from subsidiaries of its sponsor for about SGD1 billion.

These are in addition to a Japan logistics asset, which has been acquired from a third party for about SGD416 million that month.

Related: Mapletree Logistics Trust launches SGD700 million fundraiser for 17-asset acquisition


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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.