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Fundraising - APRIL 6, 2020

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Mapletree raises $1.8b for first U.S.-European logistics fund

by Kali Persall

Mapletree Investments has announced the syndication of MUSEL Private Trust at $1.8 billion in total fund equity. MUSEL is a fully invested yielding portfolio comprising 262 logistics assets across 26 states in the United States and 20 cities across seven European countries at a total investment value of $4.3 billion.

“Despite the challenging macroeconomic global outlook, investors are attracted to the robust fundamentals of the logistics sector and resilience of our high-quality, income-producing logistics portfolio across the U.S. and Europe,” said Hiew Yoon Khong, group CEO of Mapletree. “Even with the current backdrop of economic uncertainty, the group expects the portfolio to generate stable dividends and attractive total returns.”

The syndication of MUSEL is in line with Mapletree’s business model, which includes being an active capital manager in both the private and public markets. The group constantly seeks opportunities to structure attractive invest

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