Mapletree Logistics Trust is announcing the purchase of a portfolio of 8 properties:

• Proposed acquisitions of eight prime, modern and mostly new logistics assets in Japan, Australia and South Korea for total acquisition price of S$913.6 million
• Potential acquisition of two modern logistics assets in China for S$209.6 million
• Potential divestment of non-core property in Hong Kong SAR for S$100.3 million
• Deepen presence in Tokyo, Sydney and Seoul – attractive logistics markets with tight supply
• Proactive capital management to rebalance debt portfolio
• Proposed acquisitions are expected to be distribution per Unit (“DPU”) and net asset value (“NAV”) per Unit accretive on a historical pro forma basis

Funding is expected to be a mix of new debt and equity.