CapitaLand China Trust Management Limited (“CLCTML”), the manager of CapitaLand China Trust (“CLCT”), announced today the proposed acquisition of a portfolio of four prime logistics assets in Shanghai, Kunshan, Wuhan and Chengdu (the “Properties”), which are key logistics hubs in China and are within CapitaLand’s five core city clusters, from unrelated third parties (the “Acquisition”). This marks CLCT’s first foray into China’s logistics sector and increases its exposure to new economy asset classes, following CLCT’s maiden purchase of a portfolio of five business park properties3; both part of CLCT’s multi-stage portfolio reconstitution strategy to strengthen its long-term income diversification and resilience.