Mapletree to build business park in Binh Duong; strategic real estate development

Mapletree Investments Pte Ltd, a Singapore’s real estate corp. and member of AmCham Singapore, will build a US$ 400 million integrated business park at the provincial Industrial Commercial Urban Complex.

The 50-year project will take up 75 hectares. Construction will start in June 2009 and the park will be put into operation by June 2010.

Mapletree also received a license to build its second logistics facility in VSIP2. The US$ 110 million project will be built on 68 hectares, with 420,000 square metres of modern warehousing space designed for modern logistics operations.

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Singapore firm to build business park in Binh Duong, Dec 24, 2008.

Mapletree Industrial Fund Joins AmCham Singapore Business Mission to HCM City , Jan 15-16, 2008 to explore business opportunities in HCM City and the Southern Key Economic Zone.

About Mapletree Industrial Fund

Mapletree is a leading real estate company in Singapore with an Asian focus. We own S$ 5.7 billion of real estate assets comprising office, logistics, industrial, business park and retail/lifestyle properties. In addition, we manage S$ 5.2 billion of third party assets across Asia. To support our regional business, we have established an extensive network and presence with on-going activities in Singapore, China, Hong Kong, India, Japan, Malaysia and Vietnam.

Our commitment is to shape new ways of delivering value from real estate and real estate-related investments to our stakeholders. With our wide network, knowledge and expertise in real estate and financing, we strive to be a strategic real estate partner providing innovative real estate solutions, including capital management and property-related services and products to our investors, tenants/lessees and co-development business partners.