Singapore-based firm enters UK market and strengthens presence in Spain with €315.1 million investment
Mapletree Investments, a Singapore-based real estate development, investment, capital, and property management company, has announced a significant expansion of its European logistics portfolio. The firm has acquired its first logistics asset in the United Kingdom and ten additional assets in Spain, with a total investment of €315.1 million.
The newly acquired UK asset is located in Derby Commercial Park, strategically situated near the city center and East Midlands Airport. This prime location enhances connectivity and distribution capabilities across the region.
In Spain, Mapletree has expanded its footprint by acquiring ten logistics properties, totaling approximately 256,000 square meters. These assets are concentrated in key logistics hubs, including the first rings of Barcelona, Valencia, and Madrid, areas known for their robust infrastructure and access to major transportation networks.
These strategic acquisitions are set to serve as seed assets for Mapletree’s second European logistics-focused fund, which the company plans to launch upon achieving sufficient scale. This move underscores Mapletree’s commitment to strengthening its presence in the European logistics market and capitalizing on the growing demand for high-quality logistics facilities driven by the e-commerce boom.
Since entering the European logistics market in 2018, Mapletree has rapidly expanded its portfolio, now owning 80 assets across eight countries. This growth reflects the company’s strategic focus on logistics, which has become an increasingly vital component of global supply chains.
The recent acquisitions not only mark Mapletree’s entry into the UK logistics market but also significantly bolster its presence in Spain, positioning the company to meet the rising demand for efficient logistics solutions in these regions.
