Mapletree Investments Pte. Ltd. has secured more than $500 million in equity commitments for the first close of its emerging Asia logistics development strategy.
This comprises $250 million in commitments secured during the first close of Mapletree Emerging Growth Asia Logistics Private Trust (MEGA), along with more than $250 million raised through a joint venture and direct co-investments in selected development projects in Malaysia. Investors across the strategy include sovereign wealth funds, a pension fund and a national investment company. MEGA seeks to raise an additional $200 million in capital commitments for a second close targeted for early 2027.
MEGA will focus on logistics development opportunities across Malaysia, Vietnam and India, where growing domestic consumption, manufacturing activity and supply-chain diversification continue to drive demand for modern logistics facilities amid a structural undersupply of institutional-grade logistics space. The fund