189 views
Photo from Mapletree Logistics Trust

Mapletree Logistics Trust acquires Grade A warehouse in India for $14.5m

The warehouse is 100% leased to a domestic 3PL operator.

Mapletree Logistics Trust (MLT) will acquire a modern Grade A warehouse in Farukhnagar, Delhi NCR, India for $14.5m (INR900m) to expand its footprint in the fifth largest economy in the world.

The single-storey warehouse completed in mid-2022 is 100% leased to a  third-party logistics (3PL)  operator in India. 

Sited on a land area of 51,446 square metres (“sqm”),

The warehouse, which sits on a land area of 51,446 square metres (sqm), is built to modern Grade A specifications, including a high floor-to-ceiling height of 12 metres, a strong floor loading capacity of 50 KiloNewtons per sqm and a fire sprinkler system. 
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!