- Fund objective is to generate an attractive total return by investing in logistics development assets in Japan
- Focusing on the development of highly functional and quality logistics facilities located in recognised or emerging distribution and logistics precincts with access to major transport and infrastructure
MJLD will primarily invest in logistics development assets and selected completed logistics assets in Japan. The logistics development assets will predominantly comprise build-to-suit developments with some multi-tenanted developments.
MJLD held its closing in June 2014 with JPY51 billion in committed capital.
Mapletree is the sponsor of MJLD, with an interest of approximately 38% in the fund. MJLD is managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree.
||Close-ended Private Fund
|Fund Size (JPY$ bn)