Mapletree Logistics Trust to acquire INR 3,888 million Mumbai warehouse in India

Reuters03-21 15:05

<a href="https://laohu8.com/S/M44U.SI">Mapletree Logistics Trust</a> to acquire INR 3,888 million Mumbai warehouse in India

Mapletree Logistics Trust proposed acquiring a freehold Grade A warehouse in Bhiwandi, Mumbai for INR 3.9 billion.
The property has 79,378 sqm of net lettable area and is 100% leased to two listed online food and grocery delivery companies.
The warehouse was completed in August 2025 and has an Indian Green Building Council Gold pre-certification.
An independent valuation put the asset at INR 3.9 billion.
The acquisition is expected to be completed in 4Q and funded by debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mapletree Logistics Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TL00O2ZZJSLJSVEY) on March 21, 2026, and is solely responsible for the information contained therein.

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