Mapletree Investments Pte Ltd. has sold a 2.4 million-square-foot industrial portfolio to EQT Real Estate for $241.2 million. This transaction marks the group’s second U.S. warehouse portfolio divestment following the sale of a 1.8 million-square-foot industrial portfolio comprising 30 shallow-bay buildings for $328 million in June 2025.
“This divestment represents a strong outcome for our investors and affirms the value we’ve created across our U.S. industrial portfolio,” said Richard Prokup, CEO, U.S., Mapletree. “As we look ahead, we remain focused on reinvesting in premier warehouse assets that align with our long-term growth strategy.”
“Partnering with EQT to close this transaction is a significant achievement. It showcases the commitment and teamwork shown by all sides throughout the process,” said John Paul Chua, director, investment, United States, Mapletree.
The portfolio comprises 10 bulk warehouse assets located in high-growth innovati
