• Fund objective was 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 was fully realised in June 2020

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 was the sponsor of MJLD, with an interest of approximately 38% in the fund. MJLD was managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree.

MJLD was fully realised in June 2020.