Mapletree Investments has sold a portfolio of 25 warehouse assets in the US to EQT Real Estate for $575m (€496.5m).
The disposal of the 4.4m sqft East Coast industrial portfolio marks the group’s fourth US warehouse portfolio divestment, following the sale of $691m worth of industrial asset sales since June 2025.
The assets comprised 24 properties from the Mapletree US & EU Logistics Private Trust and one additional asset from the Mapletree US Logistics Private Trust.
The East Coast logistics portfolio comprises warehouse assets across the region, including properties in Connecticut, Florida, Georgia, New Jersey, North Carolina, Pennsylvania, Tennessee, Virginia and Washington, DC, Mapletree said.
Richard Prokup, CEO, US, Mapletree, said: “We’re proud to kickstart 2026 with an outstanding outcome for our investors. This divestment reflects the successful execution of our closed-end fund strategy and illustrates the strength of our US industrial platform.
“Looking ahead, we remain confident in the logistics sector’s long-term fundamentals as we advance new development opportunities nationwide to grow our pipeline.”
John Paul Chua, director, investment, US, Mapletree, said: “We congratulate EQT on another successful closing, the second industrial portfolio transaction we’ve executed together in the past four months.”
Matthew Brodnik, CIO at EQT Real Estate, said: “This investment reflects our high-conviction, thematic approach to investing in infill logistics across the US, where we see strong long-term demand for well-located industrial assets.
“We believe the portfolio serves as a compelling addition to our US logistics platform and look forward to building on the portfolio’s strong fundamentals through our active ownership approach.”
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