厂颈苍驳补辫辞谤别鈥檚 has bought a site in Fukuoka, Japan to develop a S$550m (鈧�344m) logistics facility.
said it bought the site for a development that would include two blocks of four-storey logistics facilities. It will offer gross floor area of 231,648sqm once completed in 2024.
Wong Mun Hoong, Mapletree鈥檚 regional CEO for Australia & North Asia, said: 鈥淔ukuoka, the gateway to Kyushu, is one of the regions in Japan where the group has a high conviction for modern logistics facilities.鈥�
Wong said apart from diversifying the group鈥檚 logistics portfolio, this prime land acquisition would pave the way for it to build a presence in Kyushu.
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