trending Market Intelligence /marketintelligence/en/news-insights/trending/tPMq14z0U5tLdVyK0XgAHQ2 content esgSubNav
In This List

Mapletree Logistics closes S$848M purchase of Hong Kong warehouse

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022

Blog

Insight Weekly: Reviving nuclear power; 2023 outlook for US financials; PE funds fuel EV sector


Mapletree Logistics closes S$848M purchase of Hong Kong warehouse

Mapletree Logistics Trust's manager announced the completion of the acquisition of the Mapletree Logistics Hub Tsing Yi asset in Hong Kong for about S$847.6 million.

The company partly funded the acquisition using proceeds from its recent roughly S$640.0 million equity fundraising and the drawdown of its loan facilities.

As of Oct. 12, US$1 was equivalent to S$1.35.