Mapletree Investments has raised over US$500 million in equity commitments for the first close of its Emerging Asia logistics development strategy. The total includes US$250 million secured by its private fund, Mapletree Emerging Growth Asia Logistics Private Trust, along with co-investment backing. Targeting developments in Malaysia, Vietnam and India, the broader strategy is projected to reach a total investment value of US$2.1 billion when fully deployed.
SEGRO has completed the Barnsteen development at SEGRO Park Amsterdam Airport in Hoofddorp, marking the completion of the park's eastern section. Express logistics operator NACEX by Logista Netherlands has secured 1,404 sq m at Barnsteen 11 on a pre-completion lease. The gas-free facility features dedicated photovoltaic panels and battery storage systems to serve high-demand transport corridors.
DP World is expanding its UK logistics footprint by taking over six contract logistics facilities from GXO Logistics. The deal includes over two million square feet of warehousing capacity and transfers 2,000 employees. Triggered by a Competition and Markets Authority requirement following GXO’s purchase of Wincanton, the acquisition strengthens DP World's national supply network across ambient, chilled and frozen storage for major British grocers.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
European real estate manager Redevco has acquired a 560,000 sq ft logistics facility in Widnes, Cheshire. Fully let to Jaguar Land Rover and operated by DHL, the 17-acre site supports car manufacturing operations at the nearby Halewood plant. The acquisition expands Redevco’s Industrial Outdoor Storage footprint to 5.2 million sq ft and €155 million in assets under management across 11 regional properties.
KKR and its European logistics platform Mirastar have completed the £170 million acquisition of four UK industrial assets from developer PLP. The 1.25 million square foot portfolio includes properties in Stafford, Crewe, Ellesmere Port and Wakefield. The fully let developments feature rooftop solar panels, high environmental credentials and a weighted average lease term of 10 years to break.