- The Trust aims to generate stable income to deliver an attractive total return
- It focuses on high quality income generating logistics assets in Europe and the United States (US)
- The Trust has invested in a portfolio of 262 logistics assets across 26 states in the US and 20 European cities across 7 European countries
- Possesses similar distribution principles as a Singapore-listed real estate investment trust (“S-REIT”)
Mapletree US & EU Logistics Private Trust (MUSEL) is a logistics-focused fund investing in a diversified pan American and pan European portfolio with strategically located quality logistics properties. The portfolio features well-located assets with good connectivity to transportation nodes, as well as robust demand for logistics space, from industries such as e-commerce, third-party logistics and consumer products. The trust provides investors with a unique opportunity to invest in a well-diversified portfolio of high quality logistics properties, while enjoying an attractive total return and cash yield.
MUSEL is fully invested with an aggregate committed capital of approximately US$1.8 billion at Closing Date.
Mapletree is the sponsor of MUSEL. MUSEL is managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree.
Fund Overview |
Fund Type |
Private Trust |
Legal structure |
Unregistered Business Trust |
Vintage |
2019 |
Asset Class |
Logistics |
Investment Universe |
US & Europe |
Initial Term |
7 years |
Fund Size (US$ bn) |
1.8 |
AUM1 (US$ bn) |
4.3 |
1 As of Closing Date