The portfolio has an occupancy rate of 98.9% and has a weighted average lease expiry (WALE) of 3.3 years.
Mapletree Investments announced, on Sept 30, that it has acquired two portfolios of 141 high-quality, income-producing logistics assets in the US for approximately US$3 billion ($4 billion).
The first portfolio was acquired in July. It comprises 24 assets that have a total of 6.1 million sqft of net lettable area (NLA) across Dallas, Memphis, Greater Chicago, Central Florida and Boston.
